24001 321st RdCedar ValeKS67024
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Cedar Vale at 24001 321st Rd, Cedar Vale, KS, 67024 projects strong ROI of -2.44%. Rental yield 0.9%. With 5% annual appreciation, the property builds $815,031 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.39%, translating into $3,279 in total cumulative return on $833,375 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 6.0% |
| Monthly Cash Flow | $(17,424) | $300 |
City averages based on Cedar Vale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,202 |
| Total Monthly Debt Service | $18,452 |
| DSCR Ratio | 0.12x |
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 2014
398 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67024, Cedar Vale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 267 (52.8%) |
| Renter Occupied HU | 57 (11.3%) |
| Vacant Housing Units | 182 (36.0%) |
| Median Home Value | $66,538 |
| Average Home Value | $143,717 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
196
Multi-Family
16
Businesses
34
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 2014
398 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67024, Cedar Vale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 267 (52.8%) |
| Renter Occupied HU | 57 (11.3%) |
| Vacant Housing Units | 182 (36.0%) |
| Median Home Value | $66,538 |
| Average Home Value | $143,717 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
196
Multi-Family
16
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Smith • Midwest Land Group, LLC
Mls Name: SCKMLS
Mls ID: #660016