315 E Central AveArkansas CityKS67005
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 Arkansas City at 315 E Central Ave, Arkansas City, KS, 67005 offers $1,268/mo rent that, after a $807/mo payment, leaves $171/mo cash flow. Total monthly income is $1,268/mo, and annual cash flow is $2,053/yr on $54,664 cash. Return on cash invested measures 23.66% in year one, and rental yield stands at 9.23% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 123.66% and total cumulative return in cash reaches $67,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,268/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67005, Arkansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,156 (100%) |
| Owner Occupied HU | 3,901 (54.5%) |
| Renter Occupied HU | 2,068 (28.9%) |
| Vacant Housing Units | 1,187 (16.6%) |
| Median Home Value | $105,551 |
| Average Home Value | $171,461 |
Housing Distribution
Address Breakdown
Residential
6,543
Single Family
6,198
Multi-Family
345
Businesses
518
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Listed by: Lacey Pool • NextHome Together
Mls Name: SCKMLS
Mls ID: #661022