1173 M AveCouncil GroveKS66846
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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 Council Grove at 1173 M Ave, Council Grove, KS, 66846 earns $103/mo cash flow from $1,859/mo rent with a $1,292/mo payment. Total monthly income totals $1,859/mo, and annual cash flow totals $1,234/yr on $87,516 capital. ROI tracks 21.32% on current figures, and rental yield reads 8.45% at a $264,000 purchase. Equity gained on principal adds $1,704/yr, and 5% annual appreciation supports $72,938 over five years. Five-year ROI reaches 111% and total cumulative return in cash sums $97,141. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,859/mo property income instead of your personal income.
Single Family
Built in 1950
6.74 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
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Listed by: Genine Gilbert • Foundation Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20242425
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.