631 S Maize RdWellingtonKS67152
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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
Investment property for sale in Wellington at 631 S Maize Rd, Wellington, KS, 67152 offers a 4.81% rental yield on a $399,999 purchase with $1,603/mo rent. 33% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 52.08% and total cumulative return in cash at $69,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,603/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67152, Wellington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,295 (100%) |
| Owner Occupied HU | 2,439 (56.8%) |
| Renter Occupied HU | 1,300 (30.3%) |
| Vacant Housing Units | 556 (12.9%) |
| Median Home Value | $108,918 |
| Average Home Value | $145,253 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,765
Multi-Family
201
Businesses
447
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Listed by: Elizabeth Gaston • L2 Realty, Inc.
Mls Name: SCKMLS
Mls ID: #665135