114 W Thomas CtCarbondaleKS66414
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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 Carbondale at 114 W Thomas Ct, Carbondale, KS, 66414 offers a 9.73% rental yield on a $185,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $905/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,236/yr on $61,328 to close, and return on cash invested stands at 25.19% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 131.75% and total cumulative return in cash at $80,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66414, Carbondale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,252 (100%) |
| Owner Occupied HU | 919 (73.4%) |
| Renter Occupied HU | 226 (18.1%) |
| Vacant Housing Units | 107 ( 8.5%) |
| Median Home Value | $148,958 |
| Average Home Value | $205,737 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
986
Multi-Family
24
Businesses
49
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Listed by: John Ringgold • KW One Legacy Partners, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240311
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.