512 Franklin StClay CenterKS67432
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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 Clay Center at 512 Franklin St, Clay Center, KS, 67432 offers a 10.16% rental yield on a $132,500 purchase with $1,122/mo rent. Total monthly income registers $1,122/mo, and a $649/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,880/yr on $43,924 to close, and return on cash invested stands at 26.47% in year one. Equity gained on principal adds $855/yr while 5% annual appreciation supports $36,607 over five years. Portfolio math shows five-year ROI at 138.75% and total cumulative return in cash at $60,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,122/mo property income against a $649/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67432, Clay Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,775 (62.6%) |
| Renter Occupied HU | 627 (22.1%) |
| Vacant Housing Units | 434 (15.3%) |
| Median Home Value | $152,939 |
| Average Home Value | $172,686 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,459
Multi-Family
136
Businesses
316
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Listed by: Carol Bosch • Heartland Real Estate Company
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251351
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.