321 S Kansas AveChanuteKS66720
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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 Chanute at 321 S Kansas Ave, Chanute, KS, 66720 with 5% annual appreciation on a $139,000 basis while $1,061/mo rent supports operations. Total monthly income totals $1,061/mo and a $680/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,639/yr on $46,079 deployed, and return on cash invested reaches 23.47% in year one. Equity gained on principal adds $897/yr, and five-year appreciation sums $38,403 alongside rental yield of 9.16%. Five-year ROI measures 122.57% and total cumulative return in cash totals $56,480.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,061/mo property income versus a $680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66720, Chanute, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,022 (100%) |
| Owner Occupied HU | 2,946 (58.7%) |
| Renter Occupied HU | 1,429 (28.5%) |
| Vacant Housing Units | 647 (12.9%) |
| Median Home Value | $112,418 |
| Average Home Value | $154,089 |
Housing Distribution
Address Breakdown
Residential
4,742
Single Family
4,643
Multi-Family
99
Businesses
505
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