332 Kennedy DrIolaKS66749
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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
Rental property for sale in Iola at 332 Kennedy Dr, Iola, KS, 66749 priced at $105,000 pairs $780/mo rent with $81/mo cash flow after a $514/mo payment. Total monthly income equals $780/mo, and annual cash flow comes to $976/yr on $34,808 invested. Return on cash invested is 22.71% in year one, and rental yield stands at 8.91% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 118.6% and total cumulative return in cash reaches $41,282. For financing, Ziffy Mortgage’s DSCR program evaluates $780/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66749, Iola, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,021 (55.5%) |
| Renter Occupied HU | 1,108 (30.4%) |
| Vacant Housing Units | 514 (14.1%) |
| Median Home Value | $99,959 |
| Average Home Value | $131,522 |
Housing Distribution
Address Breakdown
Residential
3,087
Single Family
2,984
Multi-Family
103
Businesses
404
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