322 14th StClay CenterKS67432
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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 Clay Center at 322 14th St, Clay Center, KS, 67432 uses $56,189 cash to close to unlock $3,792/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $830/mo payment keeps the spread at $316/mo. Purchase price stands at $169,500, and rental yield measures 10.22% with $1,444/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 139.64% and total cumulative return in cash records $78,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $830/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67432, Clay Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,775 (62.6%) |
| Renter Occupied HU | 627 (22.1%) |
| Vacant Housing Units | 434 (15.3%) |
| Median Home Value | $152,939 |
| Average Home Value | $172,686 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,459
Multi-Family
136
Businesses
316
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Listed by: Brad Fowles • Homestead Real Estate
Mls Name: FHARMLS
Mls ID: #20252280