802 N State StAugustaKS67010
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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 Augusta at 802 N State St, Augusta, KS, 67010 uses $70,145 cash to close to unlock $6,875/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $1,981/mo, and a $1,036/mo payment keeps the spread at $573/mo. Purchase price stands at $211,600, and rental yield measures 11.23% with $1,981/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $58,461 over five years. Five-year ROI reaches 155.99% and total cumulative return in cash records $109,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,981/mo property income covering a $1,036/mo payment rather than investor’s personal income.
Single Family
Built in 1908
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67010, Augusta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,056 (100%) |
| Owner Occupied HU | 4,015 (66.3%) |
| Renter Occupied HU | 1,463 (24.2%) |
| Vacant Housing Units | 578 ( 9.5%) |
| Median Home Value | $234,766 |
| Average Home Value | $276,012 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,328
Multi-Family
208
Businesses
380
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