911 E 5th StAltamontKS67330
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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 Altamont at 911 E 5th St, Altamont, KS, 67330 uses $44,753 cash to close to unlock $2,179/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $661/mo payment keeps the spread at $182/mo. Purchase price stands at $135,000, and rental yield measures 9.6% with $1,080/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 129.59% and total cumulative return in cash records $57,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67330, Altamont, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 416 (69.8%) |
| Renter Occupied HU | 137 (23.0%) |
| Vacant Housing Units | 43 ( 7.2%) |
| Median Home Value | $122,619 |
| Average Home Value | $181,526 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
62
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