655 N Lincoln AveColbyKS67701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Colby at 655 N Lincoln Ave, Colby, KS, 67701 priced at $129,500 pairs $964/mo rent with $102/mo cash flow after a $634/mo payment. Total monthly income equals $964/mo, and annual cash flow comes to $1,228/yr on $42,929 invested. Return on cash invested is 22.77% in year one, and rental yield stands at 8.93% on a $129,500 basis. Equity gained on principal adds $836/yr, and 5% annual appreciation accumulates to $35,778 by year five. Five-year ROI measures 118.89% and total cumulative return in cash reaches $51,038. For financing, Ziffy Mortgage’s DSCR program evaluates $964/mo property income against a $634/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67701, Colby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 1,828 (60.6%) |
| Renter Occupied HU | 817 (27.1%) |
| Vacant Housing Units | 371 (12.3%) |
| Median Home Value | $188,189 |
| Average Home Value | $218,141 |
Housing Distribution
Address Breakdown
Residential
2,843
Single Family
2,755
Multi-Family
88
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices