516 Clark AveGoodlandKS67735
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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 Goodland at 516 Clark Ave, Goodland, KS, 67735 earns $103/mo cash flow from $868/mo rent with a $563/mo payment. Total monthly income totals $868/mo, and annual cash flow totals $1,233/yr on $38,123 capital. ROI tracks 23.14% on current figures, and rental yield reads 9.06% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 120.8% and total cumulative return in cash sums $46,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $868/mo property income instead of your personal income.
Single Family
Built in 1945
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67735, Goodland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,487 (56.0%) |
| Renter Occupied HU | 715 (26.9%) |
| Vacant Housing Units | 453 (17.1%) |
| Median Home Value | $154,025 |
| Average Home Value | $176,907 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,376
Multi-Family
97
Businesses
385
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