1224 E Ridgeview CtClearwaterKS67026
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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
Total monthly income runs $1,718/mo, and a $1,395/mo payment. Purchase price stands at $285,000, and rental yield measures 7.23% with $1,718/mo rent. Return on cash invested shows 17.65% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 91.3% and total cumulative return in cash records $86,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67026, Clearwater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,918 (100%) |
| Owner Occupied HU | 1,486 (77.5%) |
| Renter Occupied HU | 327 (17.0%) |
| Vacant Housing Units | 105 ( 5.5%) |
| Median Home Value | $305,185 |
| Average Home Value | $331,248 |
Housing Distribution
Address Breakdown
Residential
1,833
Single Family
1,681
Multi-Family
152
Businesses
118
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Listed by: Stephanie Carlson • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #666688