406 E Copeland AveKingmanKS67068
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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 Kingman at 406 E Copeland Ave, Kingman, KS, 67068 priced at $120,000 converts $907/mo rent into $109/mo cash flow after a $587/mo obligation. Total monthly income equals $907/mo, and annual cash flow totals $1,308/yr on $39,780 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 9.07% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 121.1% and total cumulative return in cash sums $48,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $907/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67068, Kingman, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,261 (60.0%) |
| Renter Occupied HU | 558 (26.6%) |
| Vacant Housing Units | 282 (13.4%) |
| Median Home Value | $94,773 |
| Average Home Value | $150,357 |
Housing Distribution
Address Breakdown
Residential
1,769
Single Family
1,769
Multi-Family
0
Businesses
219
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