795 W Cedar StColbyKS67701
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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 Colby at 795 W Cedar St, Colby, KS, 67701 uses $33,448 cash to close to unlock $1,951/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $834/mo, and a $494/mo payment keeps the spread at $163/mo. Purchase price stands at $100,900, and rental yield measures 9.92% with $834/mo rent. Return on cash invested shows 25.74% in year one, and 5% annual appreciation builds toward $27,877 over five years. Five-year ROI reaches 134.78% and total cumulative return in cash records $45,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $834/mo property income covering a $494/mo payment rather than investor’s personal income.
Single Family
Built in 1935
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67701, Colby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 1,828 (60.6%) |
| Renter Occupied HU | 817 (27.1%) |
| Vacant Housing Units | 371 (12.3%) |
| Median Home Value | $188,189 |
| Average Home Value | $218,141 |
Housing Distribution
Address Breakdown
Residential
2,843
Single Family
2,755
Multi-Family
88
Businesses
602
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Listed by: Tom Harrison • Harrison Realty & Auction
Mls Name: Goodland Property Ads
Mls ID: #16669
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.