611 W Main StChanuteKS66720
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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
Investment property for sale in Chanute at 611 W Main St, Chanute, KS, 66720 earns $125/mo cash flow from $1,010/mo rent with a $651/mo payment. Total monthly income totals $1,010/mo, and annual cash flow totals $1,502/yr on $44,090 capital. ROI tracks 23.31% on current figures, and rental yield reads 9.11% at a $133,000 purchase. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,745 over five years. Five-year ROI reaches 121.82% and total cumulative return in cash sums $53,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,010/mo property income instead of your personal income.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66720, Chanute, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,022 (100%) |
| Owner Occupied HU | 2,946 (58.7%) |
| Renter Occupied HU | 1,429 (28.5%) |
| Vacant Housing Units | 647 (12.9%) |
| Median Home Value | $112,418 |
| Average Home Value | $154,089 |
Housing Distribution
Address Breakdown
Residential
4,742
Single Family
4,643
Multi-Family
99
Businesses
505
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