302 N Edgewood DrCoffeyvilleKS67337
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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 Coffeyville at 302 N Edgewood Dr, Coffeyville, KS, 67337 offers $1,260/mo rent that, after a $636/mo payment, leaves $395/mo cash flow. Total monthly income is $1,260/mo, and annual cash flow is $4,745/yr on $43,095 cash. Return on cash invested measures 30.92% in year one, and rental yield stands at 11.63% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 162.57% and total cumulative return in cash reaches $70,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,260/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67337, Coffeyville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,022 (100%) |
| Owner Occupied HU | 3,291 (54.6%) |
| Renter Occupied HU | 1,570 (26.1%) |
| Vacant Housing Units | 1,161 (19.3%) |
| Median Home Value | $97,852 |
| Average Home Value | $142,413 |
Housing Distribution
Address Breakdown
Residential
5,089
Single Family
4,780
Multi-Family
309
Businesses
568
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Listed by: Jackie Freisberg • Midwest Real Estate, Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591105