Road 30 #UWallaceKS67761
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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 Wallace at Road 30 #U, Wallace, KS, 67761 earns from $1,043/mo rent with a $1,100/mo payment. Total monthly income totals $1,043/mo. ROI tracks 12.63% on current figures, and rental yield reads 5.57% at a $224,750 purchase. Equity gained on principal adds $1,450/yr, and 5% annual appreciation supports $62,094 over five years. Five-year ROI reaches 64.4% and total cumulative return in cash sums $47,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,043/mo property income instead of your personal income.
Single Family
Built in N/A
154 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67761, Wallace, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 123 (100%) |
| Owner Occupied HU | 73 (59.3%) |
| Renter Occupied HU | 30 (24.4%) |
| Vacant Housing Units | 20 (16.3%) |
| Median Home Value | $134,375 |
| Average Home Value | $208,082 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
109
Multi-Family
0
Businesses
3
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