611 Lane StClay CenterKS67432
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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 Clay Center at 611 Lane St, Clay Center, KS, 67432 priced at $125,000 pairs $972/mo rent with $140/mo cash flow after a $612/mo payment. Total monthly income equals $972/mo, and annual cash flow comes to $1,682/yr on $41,438 invested. Return on cash invested is 23.97% in year one, and rental yield stands at 9.33% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 125.32% and total cumulative return in cash reaches $51,929. For financing, Ziffy Mortgage’s DSCR program evaluates $972/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67432, Clay Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,775 (62.6%) |
| Renter Occupied HU | 627 (22.1%) |
| Vacant Housing Units | 434 (15.3%) |
| Median Home Value | $152,939 |
| Average Home Value | $172,686 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,459
Multi-Family
136
Businesses
316
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Listed by: Theresa Charbonneau • North Central Kansas Real Estate
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250733
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.