729 3rd StPhillipsburgKS67661
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
Rental property for sale in Phillipsburg at 729 3rd St, Phillipsburg, KS, 67661 priced at $147,900 converts $1,392/mo rent into $182/mo cash flow after a $724/mo obligation. Total monthly income equals $1,392/mo, and annual cash flow totals $2,181/yr on $49,029 invested. Return on cash invested prints 24.36% in year one, and rental yield reads 11.29% against a $147,900 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation compiles into $40,862 by year five. Five-year ROI reaches 129.32% and total cumulative return in cash sums $63,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,392/mo property income covering a $724/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67661, Phillipsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,010 (60.3%) |
| Renter Occupied HU | 367 (21.9%) |
| Vacant Housing Units | 299 (17.8%) |
| Median Home Value | $104,703 |
| Average Home Value | $155,842 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,421
Multi-Family
3
Businesses
221
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Nearby investment properties with comparable prices
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