312 Main StKanoradoKS67741
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
Rental property for sale in Kanorado at 312 Main St, Kanorado, KS, 67741 offers $862/mo rent that, after a $538/mo payment, leaves $131/mo cash flow. Total monthly income is $862/mo, and annual cash flow is $1,567/yr on $36,465 cash. Return on cash invested measures 24.21% in year one, and rental yield stands at 9.4% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 126.53% and total cumulative return in cash reaches $46,140. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $862/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1903
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67741, Kanorado, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 176 (100%) |
| Owner Occupied HU | 92 (52.3%) |
| Renter Occupied HU | 33 (18.7%) |
| Vacant Housing Units | 51 (29.0%) |
| Median Home Value | $216,667 |
| Average Home Value | $260,897 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
13
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Listed by: Rosanne Koggie • Harrison Realty & Auction
Mls Name: Goodland Property Ads
Mls ID: #16582
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.