1213 240th StFort ScottKS66701
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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 Fort Scott at 1213 240th St, Fort Scott, KS, 66701 earns $174/mo cash flow from $1,355/mo rent with a $869/mo payment. Total monthly income totals $1,355/mo, and annual cash flow totals $2,087/yr on $58,845 capital. ROI tracks 23.45% on current figures, and rental yield reads 9.16% at a $177,510 purchase. Equity gained on principal adds $1,145/yr, and 5% annual appreciation supports $49,043 over five years. Five-year ROI reaches 122.46% and total cumulative return in cash sums $72,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,355/mo property income instead of your personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66701, Fort Scott, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,095 (56.5%) |
| Renter Occupied HU | 1,569 (28.6%) |
| Vacant Housing Units | 817 (14.9%) |
| Median Home Value | $112,981 |
| Average Home Value | $161,190 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,602
Multi-Family
203
Businesses
463
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11412523