209 Heylman StFort ScottKS66701
Nearby investment properties with comparable rents
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
Rental property for sale in Fort Scott at 209 Heylman St, Fort Scott, KS, 66701 priced at $220,000 converts $1,110/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,110/mo. Return on cash invested prints 14.09% in year one, and rental yield reads 6.05% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 72.3% and total cumulative return in cash sums $52,727. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,110/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.46 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marjorie Hernandez • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594495