1124 N 7th StArkansas 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 1124 N 7th St, Arkansas City, KS, 67005 offers a 10.44% rental yield on a $194,999 purchase with $1,697/mo rent. Total monthly income registers $1,697/mo, and a $954/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,802/yr on $64,642 to close, and return on cash invested stands at 27.34% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 143.33% and total cumulative return in cash at $92,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,697/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,583 sqft 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: Jennifer Owen • Summit Realty
Mls Name: SCKMLS
Mls ID: #663711