518 Central AveStrong CityKS66869
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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 Strong City at 518 Central Ave, Strong City, KS, 66869 offers $0/mo rent that, after a $636/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.17% in year one, and rental yield stands at 0% at a $129,990 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,914 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66869, Strong City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 224 (58.2%) |
| Renter Occupied HU | 87 (22.6%) |
| Vacant Housing Units | 74 (19.2%) |
| Median Home Value | $117,593 |
| Average Home Value | $151,451 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Charles Maggard • Griffin Real Estate & Auction Service
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238691
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.