720 E Main StTowandaKS67144
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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 Towanda at 720 E Main St, Towanda, KS, 67144 uses $56,024 cash to close to unlock $2,482/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,331/mo, and a $827/mo payment keeps the spread at $207/mo. Purchase price stands at $169,000, and rental yield measures 9.45% with $1,331/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash records $71,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,331/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67144, Towanda, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,177 (100%) |
| Owner Occupied HU | 901 (76.6%) |
| Renter Occupied HU | 169 (14.4%) |
| Vacant Housing Units | 107 ( 9.1%) |
| Median Home Value | $235,680 |
| Average Home Value | $266,287 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
46
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