527 W 9th StConcordiaKS66901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 2 Bed
- 1 Bath
- 1101 sft
- 4 Bed
- 2 Bath
- 1326 sft
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 Concordia at 527 W 9th St, Concordia, KS, 66901 offers $1,067/mo rent that, after a $685/mo payment, leaves $136/mo cash flow. Total monthly income is $1,067/mo, and annual cash flow is $1,632/yr on $46,377 cash. Return on cash invested measures 23.43% in year one, and rental yield stands at 9.15% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 122.42% and total cumulative return in cash reaches $56,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,067/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66901, Concordia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 1,671 (55.2%) |
| Renter Occupied HU | 819 (27.1%) |
| Vacant Housing Units | 537 (17.7%) |
| Median Home Value | $113,170 |
| Average Home Value | $147,044 |
Housing Distribution
Address Breakdown
Residential
2,734
Single Family
2,701
Multi-Family
33
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 2 Bed
- 1 Bath
- 1101 sft
- 4 Bed
- 2 Bath
- 1326 sft