320 N 3rd StChetopaKS67336
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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 Chetopa at 320 N 3rd St, Chetopa, KS, 67336 earns $189/mo cash flow from $1,120/mo rent with a $685/mo payment. Total monthly income totals $1,120/mo, and annual cash flow totals $2,268/yr on $46,377 capital. ROI tracks 24.8% on current figures, and rental yield reads 9.61% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 129.8% and total cumulative return in cash sums $60,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,120/mo property income instead of your personal income.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67336, Chetopa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 474 (63.3%) |
| Renter Occupied HU | 143 (19.1%) |
| Vacant Housing Units | 132 (17.6%) |
| Median Home Value | $79,195 |
| Average Home Value | $180,533 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
52
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Listed by: Tamara Jarrett • Red Cedar Land Co.
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #255113
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.