810 Walnut StSenecaKS66538
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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 Seneca at 810 Walnut St, Seneca, KS, 66538 uses $56,322 cash to close to unlock $2,247/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,318/mo, and a $832/mo payment keeps the spread at $187/mo. Purchase price stands at $169,900, and rental yield measures 9.31% with $1,318/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 124.9% and total cumulative return in cash records $70,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,318/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66538, Seneca, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,070 (70.2%) |
| Renter Occupied HU | 304 (19.9%) |
| Vacant Housing Units | 151 ( 9.9%) |
| Median Home Value | $263,483 |
| Average Home Value | $313,991 |
Housing Distribution
Address Breakdown
Residential
1,460
Single Family
1,460
Multi-Family
0
Businesses
202
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Listed by: Erik Ganstrom • Heritage Real Estate, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #237058
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.