318 Center StCarbondaleKS66414
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 318 Center St, Carbondale, KS, 66414 in Carbondale earns a 9.5% gross yield at $189,500. Rent of $1,500/mo nets $239/mo after the $852/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $52,355 and $1,745/yr in equity accumulation project a total cumulative return of $87,643.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $239 | $1,200 |
City averages based on Carbondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $1,185 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
0.32 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
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
Single Family
Built in 1970
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Engler • RE/MAX EK Real Estate
Mls Name: Sunflower AOR
Mls ID: #241691