102 Highland DrArkansas CityKS67005
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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 Arkansas City at 102 Highland Dr, Arkansas City, KS, 67005 uses $57,350 cash to close to unlock $1,313/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $847/mo payment keeps the spread at $109/mo. Purchase price stands at $173,000, and rental yield measures 9.03% with $1,302/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 116.11% and total cumulative return in cash records $66,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $847/mo payment rather than investor’s personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67005, Arkansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,156 (100%) |
| Owner Occupied HU | 3,901 (54.5%) |
| Renter Occupied HU | 2,068 (28.9%) |
| Vacant Housing Units | 1,187 (16.6%) |
| Median Home Value | $105,551 |
| Average Home Value | $171,461 |
Housing Distribution
Address Breakdown
Residential
6,543
Single Family
6,198
Multi-Family
345
Businesses
518
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #644181