702 N Vermont AveColumbusKS66725
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
Investment property for sale in Columbus at 702 N Vermont Ave, Columbus, KS, 66725 with 5% annual appreciation on a $120,000 basis while $900/mo rent supports operations. Total monthly income totals $900/mo and a $587/mo payment preserves $102/mo for cash returns. Annual cash flow comes to $1,224/yr on $39,780 deployed, and return on cash invested reaches 22.99% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9%. Five-year ROI measures 119.93% and total cumulative return in cash totals $47,707.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $900/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66725, Columbus, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,444 (100%) |
| Owner Occupied HU | 1,555 (63.6%) |
| Renter Occupied HU | 552 (22.6%) |
| Vacant Housing Units | 337 (13.8%) |
| Median Home Value | $123,670 |
| Average Home Value | $181,730 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,291
Multi-Family
0
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices