402 N Edgewood DrCoffeyvilleKS67337
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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 Coffeyville at 402 N Edgewood Dr, Coffeyville, KS, 67337 priced at $245,000 converts $1,650/mo rent into after a $1,199/mo obligation. Total monthly income equals $1,650/mo. Return on cash invested prints 18.86% in year one, and rental yield reads 8.08% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 98.3% and total cumulative return in cash sums $79,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,650/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1980
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67337, Coffeyville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,022 (100%) |
| Owner Occupied HU | 3,291 (54.6%) |
| Renter Occupied HU | 1,570 (26.1%) |
| Vacant Housing Units | 1,161 (19.3%) |
| Median Home Value | $97,852 |
| Average Home Value | $142,413 |
Housing Distribution
Address Breakdown
Residential
5,089
Single Family
4,780
Multi-Family
309
Businesses
568
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