701 Delaware StDownsKS67437
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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 Downs at 701 Delaware St, Downs, KS, 67437 generates $1,444/mo in rent, after a $1,126/mo payment. Total monthly income is $1,444/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 7.53% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 96.19% and total cumulative return in cash sums $73,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,444/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67437, Downs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 363 (59.8%) |
| Renter Occupied HU | 123 (20.3%) |
| Vacant Housing Units | 121 (19.9%) |
| Median Home Value | $113,149 |
| Average Home Value | $145,944 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
62
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