220 E McCarty StEdgertonKS66021
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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 Edgerton at 220 E McCarty St, Edgerton, KS, 66021 uses $72,599 cash to close to unlock $4,043/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,072/mo payment keeps the spread at $337/mo. Purchase price stands at $219,000, and rental yield measures 9.83% with $1,794/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 133.32% and total cumulative return in cash records $96,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66021, Edgerton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 806 (79.0%) |
| Renter Occupied HU | 166 (16.3%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $287,755 |
| Average Home Value | $447,946 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
75
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