306 Kansas DrIolaKS66749
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 Iola at 306 Kansas Dr, Iola, KS, 66749 at $120,000 posts ROI 31.52% with $385/mo cash flow from $1,183/mo rent. Total monthly income equals $1,183/mo, and annual cash flow records $4,620/yr on $39,780 to close. Return on cash invested measures 31.52% and rental yield reads 11.83% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 165.72% and total cumulative return in cash totals $65,923.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,183/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66749, Iola, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,021 (55.5%) |
| Renter Occupied HU | 1,108 (30.4%) |
| Vacant Housing Units | 514 (14.1%) |
| Median Home Value | $99,959 |
| Average Home Value | $131,522 |
Housing Distribution
Address Breakdown
Residential
3,087
Single Family
2,984
Multi-Family
103
Businesses
404
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