801 Washington AveAltamontKS67330
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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
Rental property for sale in Altamont at 801 Washington Ave, Altamont, KS, 67330 priced at $230,000 pairs $1,634/mo rent with $104/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,634/mo, and annual cash flow comes to $1,243/yr on $76,245 invested. Return on cash invested is 21.54% in year one, and rental yield stands at 8.53% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 112.21% and total cumulative return in cash reaches $85,555. For financing, Ziffy Mortgage’s DSCR program evaluates $1,634/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67330, Altamont, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 416 (69.8%) |
| Renter Occupied HU | 137 (23.0%) |
| Vacant Housing Units | 43 ( 7.2%) |
| Median Home Value | $122,619 |
| Average Home Value | $181,526 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
62
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