609 Mount Carmel RdFrontenacKS66763
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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 Frontenac at 609 Mount Carmel Rd, Frontenac, KS, 66763 generates $1,200/mo in rent and, after a $734/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $2,427/yr on $49,725 invested. Return on cash invested sits at 24.79% in year one, and rental yield is 9.6% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash sums $64,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Multi Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66763, Frontenac, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 941 (64.4%) |
| Renter Occupied HU | 389 (26.6%) |
| Vacant Housing Units | 131 ( 9.0%) |
| Median Home Value | $181,178 |
| Average Home Value | $195,707 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,375
Multi-Family
23
Businesses
110
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