419 S Eddy 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
Rental property for sale in Fort Scott at 419 S Eddy St, Fort Scott, KS, 66701 offers $1,110/mo rent that, after a $611/mo payment, leaves $279/mo cash flow. Total monthly income is $1,110/mo, and annual cash flow is $3,353/yr on $41,404 cash. Return on cash invested measures 28.01% in year one, and rental yield stands at 10.66% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 146.96% and total cumulative return in cash reaches $60,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,110/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,098 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: Joyce Jennings • Crown Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2596088