311 Locust StMound CityKS66056
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 Mound City at 311 Locust St, Mound City, KS, 66056 at $299,000 posts ROI 13.41% with from $1,452/mo rent. Total monthly income equals $1,452/mo. Return on cash invested measures 13.41% and rental yield reads 5.83% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 68.63% and total cumulative return in cash totals $68,026. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66056, Mound City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 642 (60.1%) |
| Renter Occupied HU | 131 (12.3%) |
| Vacant Housing Units | 295 (27.6%) |
| Median Home Value | $178,125 |
| Average Home Value | $268,594 |
Housing Distribution
Address Breakdown
Residential
830
Single Family
830
Multi-Family
0
Businesses
86
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Nearby investment properties with comparable prices
Listed by: Dalton Mcginnis • Clinch Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578657