1013 Joplin StGalenaKS66739
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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 Galena at 1013 Joplin St, Galena, KS, 66739 uses $36,465 cash to close to unlock $1,531/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $859/mo, and a $538/mo payment keeps the spread at $128/mo. Purchase price stands at $110,000, and rental yield measures 9.37% with $859/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 126% and total cumulative return in cash records $45,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $859/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66739, Galena, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,438 (61.5%) |
| Renter Occupied HU | 564 (24.1%) |
| Vacant Housing Units | 337 (14.4%) |
| Median Home Value | $91,800 |
| Average Home Value | $126,968 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,159
Multi-Family
1
Businesses
143
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Listed by: Cord Mays • SALLY DAVIS REAL ESTATE, LLC
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #254675
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.