212 Simcock StCouncil GroveKS66846
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
Investment property for sale in Council Grove at 212 Simcock St, Council Grove, KS, 66846 with 5% annual appreciation on a $315,000 basis while $2,113/mo rent supports operations. Total monthly income totals $2,113/mo and a $1,542/mo payment preserves $17/mo for cash returns. Annual cash flow comes to $205/yr on $104,423 deployed, and return on cash invested reaches 20.11% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.05%. Five-year ROI measures 104.55% and total cumulative return in cash totals $109,169.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,113/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1862
0.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Moss • Council Grove Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20241823
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.