500 Joplin StGalenaKS66739
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Nearby investment properties with comparable prices
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 Galena at 500 Joplin St, Galena, KS, 66739 priced at $150,000 pairs $1,477/mo rent with $479/mo cash flow after a $734/mo payment. Total monthly income equals $1,477/mo, and annual cash flow comes to $5,751/yr on $49,725 invested. Return on cash invested is 31.47% in year one, and rental yield stands at 11.82% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 165.56% and total cumulative return in cash reaches $82,326. For financing, Ziffy Mortgage’s DSCR program evaluates $1,477/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1853
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66739, Galena, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,438 (61.5%) |
| Renter Occupied HU | 564 (24.1%) |
| Vacant Housing Units | 337 (14.4%) |
| Median Home Value | $91,800 |
| Average Home Value | $126,968 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,159
Multi-Family
1
Businesses
143
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Listed by: Michael J Scott • NextHome SoMo Life
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #252200
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