164 Highview Point #6-ICouncil 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 164 Highview Point #6-I, Council Grove, KS, 66846 offers a 2.05% rental yield on a $765,000 purchase with $1,310/mo rent. 04% in year one. Equity gained on principal adds $4,936/yr while 5% annual appreciation supports $211,355 over five years. Portfolio math shows five-year ROI at 7.6% and total cumulative return in cash at $19,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,310/mo property income against a $3,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.93 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: Cody Catlin • Lakeside Properties
Mls Name: My State MLS
Mls ID: #11275277