700 Richie StJunction CityKS66441
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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 Junction City at 700 Richie St, Junction City, KS, 66441 priced at $219,900 pairs $1,782/mo rent with $319/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,782/mo, and annual cash flow comes to $3,832/yr on $72,897 invested. Return on cash invested is 25.17% in year one, and rental yield stands at 9.72% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 131.68% and total cumulative return in cash reaches $95,992. For financing, Ziffy Mortgage’s DSCR program evaluates $1,782/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66441, Junction City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,123 (40.1%) |
| Renter Occupied HU | 5,432 (42.6%) |
| Vacant Housing Units | 2,206 (17.3%) |
| Median Home Value | $172,422 |
| Average Home Value | $196,382 |
Housing Distribution
Address Breakdown
Residential
11,704
Single Family
10,663
Multi-Family
1,041
Businesses
881
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Listed by: Ryan J Garrison • NextHome Unlimited
Mls Name: FHARMLS
Mls ID: #20252003