103 Main StMound CityKS66056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mound City at 103 Main St, Mound City, KS, 66056 priced at $185,000 converts $1,452/mo rent into $222/mo cash flow after a $905/mo obligation. Total monthly income equals $1,452/mo, and annual cash flow totals $2,660/yr on $61,328 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 9.42% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 126.72% and total cumulative return in cash sums $77,715. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,452/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1912
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66056, Mound City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 642 (60.1%) |
| Renter Occupied HU | 131 (12.3%) |
| Vacant Housing Units | 295 (27.6%) |
| Median Home Value | $178,125 |
| Average Home Value | $268,594 |
Housing Distribution
Address Breakdown
Residential
830
Single Family
830
Multi-Family
0
Businesses
86
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Nearby investment properties with comparable prices
Listed by: Jennifer Snyder • Keller Williams Platinum Prtnr
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2568723