108 E 23rd StPittsburgKS66762
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
Investment property for sale in Pittsburg at 108 E 23rd St, Pittsburg, KS, 66762 uses $41,438 cash to close to unlock $1,982/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $997/mo, and a $612/mo payment keeps the spread at $165/mo. Purchase price stands at $125,000, and rental yield measures 9.57% with $997/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 129.2% and total cumulative return in cash records $53,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1930
5,681 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66762, Pittsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,800 (100%) |
| Owner Occupied HU | 5,034 (42.7%) |
| Renter Occupied HU | 5,147 (43.6%) |
| Vacant Housing Units | 1,619 (13.7%) |
| Median Home Value | $175,694 |
| Average Home Value | $211,929 |
Housing Distribution
Address Breakdown
Residential
10,422
Single Family
10,032
Multi-Family
390
Businesses
976
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices