108 N Shore Dr #B-2Council GroveKS66846
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 Council Grove at 108 N Shore Dr #B-2, Council Grove, KS, 66846 earns from $1,142/mo rent with a $2,936/mo payment. Total monthly income totals $1,142/mo. ROI tracks 2.74% on current figures, and rental yield reads 2.28% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 11.36% and total cumulative return in cash sums $22,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,142/mo property income instead of your personal income.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66846, Council Grove, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,046 (53.5%) |
| Renter Occupied HU | 371 (19.0%) |
| Vacant Housing Units | 537 (27.5%) |
| Median Home Value | $138,487 |
| Average Home Value | $171,348 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,563
Multi-Family
57
Businesses
224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cody Catlin • Lakeside Properties
Mls Name: My State MLS
Mls ID: #11461659