309 S Carter AveLeotiKS67861
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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 Leoti at 309 S Carter Ave, Leoti, KS, 67861 at $156,800 posts ROI 31.94% with $521/mo cash flow from $1,564/mo rent. Total monthly income equals $1,564/mo, and annual cash flow records $6,255/yr on $51,979 to close. Return on cash invested measures 31.94% and rental yield reads 11.97% at the current $156,800. Equity gained on principal adds $1,012/yr, and 5% annual appreciation supports $43,321 by year five. Five-year ROI prints 168.05% and total cumulative return in cash totals $87,353.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,564/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67861, Leoti, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 598 (63.9%) |
| Renter Occupied HU | 200 (21.4%) |
| Vacant Housing Units | 138 (14.7%) |
| Median Home Value | $133,750 |
| Average Home Value | $166,572 |
Housing Distribution
Address Breakdown
Residential
396
Single Family
396
Multi-Family
0
Businesses
104
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.