2342 Highway 166CaneyKS67333
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2342 Highway 166, Caney, KS, 67333 in Caney is capital appreciation. Rental yield 3.26%. The 3.26% gross yield at $796,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $219,920 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.60) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $101,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 7.0% |
| Monthly Cash Flow | $(3,136) | $1,200 |
City averages based on Caney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $4,979 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2013
70.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67333, Caney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 857 (64.8%) |
| Renter Occupied HU | 273 (20.6%) |
| Vacant Housing Units | 193 (14.6%) |
| Median Home Value | $124,632 |
| Average Home Value | $163,964 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
127
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
Single Family
Built in 2013
70.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67333, Caney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 857 (64.8%) |
| Renter Occupied HU | 273 (20.6%) |
| Vacant Housing Units | 193 (14.6%) |
| Median Home Value | $124,632 |
| Average Home Value | $163,964 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices