300 E Allen StGlen ElderKS67446
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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 Glen Elder at 300 E Allen St, Glen Elder, KS, 67446 generates $1,108/mo in rent and, after a $582/mo payment, leaves $317/mo in cash flow. Total monthly income is $1,108/mo, and annual cash flow is $3,801/yr on $39,449 invested. Return on cash invested sits at 29.54% in year one, and rental yield is 11.17% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 155.12% and total cumulative return in cash sums $61,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67446, Glen Elder, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 178 (59.1%) |
| Renter Occupied HU | 58 (19.3%) |
| Vacant Housing Units | 65 (21.6%) |
| Median Home Value | $107,143 |
| Average Home Value | $144,944 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
27
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Listed by: Chris Wagner • Wildlife Properties Land Company, LLC
Mls Name: My State MLS
Mls ID: #11614772