905 N 2nd StDownsKS67437
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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 Downs at 905 N 2nd St, Downs, KS, 67437 listed at $235,100 pairs $1,799/mo rent with a $1,151/mo payment to leave $235/mo cash flow. Total monthly income runs $1,799/mo, and annual cash flow reaches $2,815/yr on $77,936 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 9.18% at a $235,100 basis. Equity gained on principal adds $1,517/yr, and annual property appreciation at 5% supports $64,954 by year five. Five-year ROI tracks 122.84% and total cumulative return in cash totals $95,736. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,799/mo property income relative to a $1,151/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67437, Downs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 363 (59.8%) |
| Renter Occupied HU | 123 (20.3%) |
| Vacant Housing Units | 121 (19.9%) |
| Median Home Value | $113,149 |
| Average Home Value | $145,944 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
62
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