216 Clay AveCarbondaleKS66414
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 Carbondale at 216 Clay Ave, Carbondale, KS, 66414 earns from $1,500/mo rent with a $1,272/mo payment. Total monthly income totals $1,500/mo. ROI tracks 16.72% on current figures, and rental yield reads 6.93% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 86.39% and total cumulative return in cash sums $74,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66414, Carbondale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,252 (100%) |
| Owner Occupied HU | 919 (73.4%) |
| Renter Occupied HU | 226 (18.1%) |
| Vacant Housing Units | 107 ( 8.5%) |
| Median Home Value | $148,958 |
| Average Home Value | $205,737 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
986
Multi-Family
24
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Lutz • Berkshire Hathaway First
Mls Name: Sunflower AOR
Mls ID: #241012