251 Michelle DrClearwaterKS67026
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 Clearwater at 251 Michelle Dr, Clearwater, KS, 67026 at $299,900 posts ROI 26.15% with $517/mo cash flow from $2,512/mo rent. Total monthly income equals $2,512/mo, and annual cash flow records $6,200/yr on $99,417 to close. Return on cash invested measures 26.15% and rental yield reads 10.05% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 136.91% and total cumulative return in cash totals $136,108.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,512/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67026, Clearwater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,918 (100%) |
| Owner Occupied HU | 1,486 (77.5%) |
| Renter Occupied HU | 327 (17.0%) |
| Vacant Housing Units | 105 ( 5.5%) |
| Median Home Value | $305,185 |
| Average Home Value | $331,248 |
Housing Distribution
Address Breakdown
Residential
1,833
Single Family
1,681
Multi-Family
152
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Graham • Graham, Inc., REALTORS
Mls Name: SCKMLS
Mls ID: #665141