222 E 7th StConcordiaKS66901
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
Total monthly income runs $720/mo, and a $634/mo payment. Purchase price stands at $129,500, and rental yield measures 6.67% with $720/mo rent. Return on cash invested shows 15.95% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 82.27% and total cumulative return in cash records $35,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $720/mo property income covering a $634/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66901, Concordia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 1,671 (55.2%) |
| Renter Occupied HU | 819 (27.1%) |
| Vacant Housing Units | 537 (17.7%) |
| Median Home Value | $113,170 |
| Average Home Value | $147,044 |
Housing Distribution
Address Breakdown
Residential
2,734
Single Family
2,701
Multi-Family
33
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices