718 W 3rd StHalsteadKS67056
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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 Halstead at 718 W 3rd St, Halstead, KS, 67056 offers a 10.49% rental yield on a $195,000 purchase with $1,705/mo rent. Total monthly income registers $1,705/mo, and a $954/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,897/yr on $64,643 to close, and return on cash invested stands at 27.49% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 144.14% and total cumulative return in cash at $93,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,705/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67056, Halstead, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,265 (100%) |
| Owner Occupied HU | 851 (67.3%) |
| Renter Occupied HU | 327 (25.8%) |
| Vacant Housing Units | 87 ( 6.9%) |
| Median Home Value | $191,047 |
| Average Home Value | $209,439 |
Housing Distribution
Address Breakdown
Residential
1,174
Single Family
1,102
Multi-Family
72
Businesses
90
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