402 Lees Circle DrFort 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
Rental property for sale in Fort scott at 402 Lees Circle Dr, Fort scott, KS, 66701 priced at $499,000 pairs $600/mo rent with after a $2,442/mo payment. Total monthly income equals $600/mo. Return on cash invested is 0.18% in year one, and rental yield stands at 1.44% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $600/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.47 Acres 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: Jennifer Karr • KW Diamond Partners
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578194