603 3rd StScandiaKS66966
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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 Scandia at 603 3rd St, Scandia, KS, 66966 priced at $212,700 pairs $1,207/mo rent with after a $1,041/mo payment. Total monthly income equals $1,207/mo. Return on cash invested is 16.37% in year one, and rental yield stands at 6.81% on a $212,700 basis. Equity gained on principal adds $1,373/yr, and 5% annual appreciation accumulates to $58,765 by year five. Five-year ROI measures 84.53% and total cumulative return in cash reaches $59,603. For financing, Ziffy Mortgage’s DSCR program evaluates $1,207/mo property income against a $1,041/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66966, Scandia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 321 (100%) |
| Owner Occupied HU | 217 (67.6%) |
| Renter Occupied HU | 55 (17.1%) |
| Vacant Housing Units | 49 (15.3%) |
| Median Home Value | $73,571 |
| Average Home Value | $117,350 |
Housing Distribution
Address Breakdown
Residential
161
Single Family
161
Multi-Family
0
Businesses
38
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