832 Nicholson RdChapmanKS67431
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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 Chapman at 832 Nicholson Rd, Chapman, KS, 67431 uses $92,787 cash to close to unlock $382/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $1,370/mo payment keeps the spread at $32/mo. Purchase price stands at $279,900, and rental yield measures 8.12% with $1,894/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash records $98,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67431, Chapman, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 663 (66.5%) |
| Renter Occupied HU | 228 (22.9%) |
| Vacant Housing Units | 106 (10.6%) |
| Median Home Value | $214,177 |
| Average Home Value | $229,476 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
784
Multi-Family
19
Businesses
55
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