718 Chase AveWakeeneyKS67672
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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 Wakeeney at 718 Chase Ave, Wakeeney, KS, 67672 generates $1,388/mo in rent and, after a $857/mo payment, leaves $223/mo in cash flow. Total monthly income is $1,388/mo, and annual cash flow is $2,679/yr on $58,013 invested. Return on cash invested sits at 24.53% in year one, and rental yield is 9.52% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash sums $74,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,388/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67672, Wa Keeney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 779 (64.8%) |
| Renter Occupied HU | 238 (19.8%) |
| Vacant Housing Units | 186 (15.5%) |
| Median Home Value | $126,677 |
| Average Home Value | $150,164 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
975
Multi-Family
60
Businesses
166
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Listed by: Trevyn E Wolf • Platinum Group
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #203857
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.