935 E 5th StColbyKS67701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Colby at 935 E 5th St, Colby, KS, 67701 uses $49,062 cash to close to unlock $3,294/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $724/mo payment keeps the spread at $274/mo. Purchase price stands at $148,000, and rental yield measures 10.56% with $1,302/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash records $68,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 1961
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67701, Colby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 1,828 (60.6%) |
| Renter Occupied HU | 817 (27.1%) |
| Vacant Housing Units | 371 (12.3%) |
| Median Home Value | $188,189 |
| Average Home Value | $218,141 |
Housing Distribution
Address Breakdown
Residential
2,843
Single Family
2,755
Multi-Family
88
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices