1011 12000th RdAltamontKS67330
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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
Rental property for sale in Altamont at 1011 12000th Rd, Altamont, KS, 67330 generates $3,127/mo in rent and, after a $2,080/mo payment, leaves $300/mo in cash flow. Total monthly income is $3,127/mo, and annual cash flow is $3,596/yr on $140,888 invested. Return on cash invested sits at 22.46% in year one, and rental yield is 8.83% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 117.14% and total cumulative return in cash sums $165,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,127/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
9 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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Listed by: Tamara Jarrett • Red Cedar Land Co.
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #254678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.