1017 E 1st AveCaneyKS67333
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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 Caney at 1017 E 1st Ave, Caney, KS, 67333 uses $41,438 cash to close to unlock $3,494/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $1,123/mo, and a $612/mo payment keeps the spread at $291/mo. Purchase price stands at $125,000, and rental yield measures 10.78% with $1,123/mo rent. Return on cash invested shows 28.34% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 148.78% and total cumulative return in cash records $61,649. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,123/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67333, Caney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 857 (64.8%) |
| Renter Occupied HU | 273 (20.6%) |
| Vacant Housing Units | 193 (14.6%) |
| Median Home Value | $124,632 |
| Average Home Value | $163,964 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
127
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