2962 County Road 6200Elk CityKS67344
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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
Investment property for sale in Elk City at 2962 County Road 6200, Elk City, KS, 67344 offers a 5.38% rental yield on a $365,000 purchase with $1,636/mo rent. 06% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 61.37% and total cumulative return in cash at $74,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,636/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
14.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67344, Elk City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 256 (59.8%) |
| Renter Occupied HU | 57 (13.3%) |
| Vacant Housing Units | 115 (26.9%) |
| Median Home Value | $214,935 |
| Average Home Value | $209,268 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
12
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