314 Wilson StCarbondaleKS66414
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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 Carbondale at 314 Wilson St, Carbondale, KS, 66414 offers a 11.46% rental yield on a $157,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $768/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,471/yr on $52,046 to close, and return on cash invested stands at 30.42% in year one. Equity gained on principal adds $1,013/yr while 5% annual appreciation supports $43,376 over five years. Portfolio math shows five-year ROI at 159.8% and total cumulative return in cash at $83,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66414, Carbondale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,252 (100%) |
| Owner Occupied HU | 919 (73.4%) |
| Renter Occupied HU | 226 (18.1%) |
| Vacant Housing Units | 107 ( 8.5%) |
| Median Home Value | $148,958 |
| Average Home Value | $205,737 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
986
Multi-Family
24
Businesses
49
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Listed by: Brandy Criss Engler • Superior Real Estate
Mls Name: Sunflower AOR
Mls ID: #241955