923 N 7th StAtchisonKS66002
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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 Atchison at 923 N 7th St, Atchison, KS, 66002 uses $49,725 cash to close to unlock $2,127/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,175/mo, and a $734/mo payment keeps the spread at $177/mo. Purchase price stands at $150,000, and rental yield measures 9.4% with $1,175/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 126.47% and total cumulative return in cash records $62,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,175/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1930
7,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66002, Atchison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,492 (100%) |
| Owner Occupied HU | 3,158 (57.5%) |
| Renter Occupied HU | 1,796 (32.7%) |
| Vacant Housing Units | 538 ( 9.8%) |
| Median Home Value | $166,910 |
| Average Home Value | $202,031 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
4,939
Multi-Family
414
Businesses
498
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