803 Linden CtWakefieldKS67487
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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
Rental property for sale in Wakefield at 803 Linden Ct, Wakefield, KS, 67487 offers $2,350/mo rent that, after a $1,444/mo payment, leaves $387/mo cash flow. Total monthly income is $2,350/mo, and annual cash flow is $4,647/yr on $97,793 cash. Return on cash invested measures 24.66% in year one, and rental yield stands at 9.56% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 128.96% and total cumulative return in cash reaches $126,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,350/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67487, Wakefield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 419 (68.8%) |
| Renter Occupied HU | 109 (17.9%) |
| Vacant Housing Units | 81 (13.3%) |
| Median Home Value | $172,019 |
| Average Home Value | $205,632 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
37
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Listed by: Brad Fowles • Homestead Real Estate
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250643
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.