508 Myrtle StScott CityKS67871
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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
Investment property for sale in Scott City at 508 Myrtle St, Scott City, KS, 67871 with 5% annual appreciation on a $139,000 basis while $1,343/mo rent supports operations. Total monthly income totals $1,343/mo and a $680/mo payment preserves $419/mo for cash returns. Annual cash flow comes to $5,023/yr on $46,079 deployed, and return on cash invested reaches 30.81% in year one. Equity gained on principal adds $897/yr, and five-year appreciation sums $38,403 alongside rental yield of 11.59%. Five-year ROI measures 161.95% and total cumulative return in cash totals $74,624.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,343/mo property income versus a $680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67871, Scott City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,247 (100%) |
| Owner Occupied HU | 1,416 (63.0%) |
| Renter Occupied HU | 610 (27.1%) |
| Vacant Housing Units | 221 ( 9.8%) |
| Median Home Value | $202,594 |
| Average Home Value | $234,756 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,087
Multi-Family
44
Businesses
261
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