16 S Tennessee AveChanuteKS66720
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Nearby investment properties with comparable prices
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 Chanute at 16 S Tennessee Ave, Chanute, KS, 66720 at $157,000 posts ROI 23.04% with $136/mo cash flow from $1,180/mo rent. Total monthly income equals $1,180/mo, and annual cash flow records $1,631/yr on $52,046 to close. Return on cash invested measures 23.04% and rental yield reads 9.02% at the current $157,000. Equity gained on principal adds $1,013/yr, and 5% annual appreciation supports $43,376 by year five. Five-year ROI prints 120.23% and total cumulative return in cash totals $62,576.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66720, Chanute, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,022 (100%) |
| Owner Occupied HU | 2,946 (58.7%) |
| Renter Occupied HU | 1,429 (28.5%) |
| Vacant Housing Units | 647 (12.9%) |
| Median Home Value | $112,418 |
| Average Home Value | $154,089 |
Housing Distribution
Address Breakdown
Residential
4,742
Single Family
4,643
Multi-Family
99
Businesses
505
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