217 E Kansas StGlen ElderKS67446
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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 Glen Elder at 217 E Kansas St, Glen Elder, KS, 67446 offers a 10.74% rental yield on a $135,000 purchase with $1,208/mo rent. Total monthly income registers $1,208/mo, and a $661/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,715/yr on $44,753 to close, and return on cash invested stands at 28.21% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 147.99% and total cumulative return in cash at $66,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,208/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67446, Glen Elder, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 178 (59.1%) |
| Renter Occupied HU | 58 (19.3%) |
| Vacant Housing Units | 65 (21.6%) |
| Median Home Value | $107,143 |
| Average Home Value | $144,944 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
27
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Listed by: Heather Monty • Hansen Auction & Realty
Mls Name: My State MLS
Mls ID: #11619510