24 S Washington StCouncil GroveKS66846
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 Council Grove at 24 S Washington St, Council Grove, KS, 66846 at $270,000 posts ROI 26.79% with $513/mo cash flow from $2,347/mo rent. Total monthly income equals $2,347/mo, and annual cash flow records $6,155/yr on $89,505 to close. Return on cash invested measures 26.79% and rental yield reads 10.43% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 140.49% and total cumulative return in cash totals $125,749.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,347/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66846, Council Grove, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,046 (53.5%) |
| Renter Occupied HU | 371 (19.0%) |
| Vacant Housing Units | 537 (27.5%) |
| Median Home Value | $138,487 |
| Average Home Value | $171,348 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,563
Multi-Family
57
Businesses
224
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Nearby investment properties with comparable prices
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