623 N 7th StWakeeneyKS67672
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Wakeeney at 623 N 7th St, Wakeeney, KS, 67672 generates $794/mo in rent, after a $640/mo payment. Total monthly income is $794/mo. Return on cash invested sits at 17.81% in year one, and rental yield is 7.28% on a $130,800 entry. Equity gained on principal adds $844/yr, while 5% annual appreciation builds toward $36,138 over five years. Five-year ROI reaches 92.3% and total cumulative return in cash sums $40,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $794/mo property income rather than buyer’s personal income.
Multi Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67672, Wa Keeney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 779 (64.8%) |
| Renter Occupied HU | 238 (19.8%) |
| Vacant Housing Units | 186 (15.5%) |
| Median Home Value | $126,677 |
| Average Home Value | $150,164 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
975
Multi-Family
60
Businesses
166
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