718 N Ridgewood RdUlyssesKS67880
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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
Investment property for sale in Ulysses at 718 N Ridgewood Rd, Ulysses, KS, 67880 earns $178/mo cash flow from $1,309/mo rent with a $832/mo payment. Total monthly income totals $1,309/mo, and annual cash flow totals $2,137/yr on $56,355 capital. ROI tracks 23.7% on current figures, and rental yield reads 9.24% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 123.86% and total cumulative return in cash sums $69,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,309/mo property income instead of your personal income.
Single Family
Built in 1977
0.42 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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Listed by: Jerry Penner • Fresh Move Realty, Inc
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100463
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.