700 W Patterson AveUlyssesKS67880
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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 Ulysses at 700 W Patterson Ave, Ulysses, KS, 67880 priced at $169,000 pairs $1,511/mo rent with $387/mo cash flow after a $827/mo payment. Total monthly income equals $1,511/mo, and annual cash flow comes to $4,642/yr on $56,024 invested. Return on cash invested is 28.19% in year one, and rental yield stands at 10.73% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 147.89% and total cumulative return in cash reaches $82,855. For financing, Ziffy Mortgage’s DSCR program evaluates $1,511/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67880, Ulysses, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 1,935 (65.7%) |
| Renter Occupied HU | 715 (24.3%) |
| Vacant Housing Units | 295 (10.0%) |
| Median Home Value | $178,365 |
| Average Home Value | $204,094 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,643
Multi-Family
9
Businesses
329
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