2858 Kiowa RdCantonKS67428
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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
Rental property for sale in Canton at 2858 Kiowa Rd, Canton, KS, 67428 priced at $176,000 converts $1,202/mo rent into $32/mo cash flow after a $861/mo obligation. Total monthly income equals $1,202/mo, and annual cash flow totals $378/yr on $58,344 invested. Return on cash invested prints 20.56% in year one, and rental yield reads 8.2% against a $176,000 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation compiles into $48,626 by year five. Five-year ROI reaches 106.97% and total cumulative return in cash sums $62,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,202/mo property income covering a $861/mo payment, not borrower’s personal income.
Single Family
Built in 1950
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67428, Canton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 593 (100%) |
| Owner Occupied HU | 449 (75.7%) |
| Renter Occupied HU | 86 (14.5%) |
| Vacant Housing Units | 58 ( 9.8%) |
| Median Home Value | $217,708 |
| Average Home Value | $252,918 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
43
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Listed by: Ronda Moore • Sheets - Adams, Realtors
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52171
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.