323 S Holbrook StFort ScottKS66701
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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 Fort Scott at 323 S Holbrook St, Fort Scott, KS, 66701 offers a 9.19% rental yield on a $145,000 purchase with $1,110/mo rent. Total monthly income registers $1,110/mo, and a $710/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,740/yr on $48,068 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 122.99% and total cumulative return in cash at $59,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66701, Fort Scott, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,095 (56.5%) |
| Renter Occupied HU | 1,569 (28.6%) |
| Vacant Housing Units | 817 (14.9%) |
| Median Home Value | $112,981 |
| Average Home Value | $161,190 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,602
Multi-Family
203
Businesses
463
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Listed by: Cynthia Wiltse • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589894