630 W 6th StConcordiaKS66901
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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 Concordia at 630 W 6th St, Concordia, KS, 66901 generates $787/mo in rent and, after a $507/mo payment, leaves $98/mo in cash flow. Total monthly income is $787/mo, and annual cash flow is $1,176/yr on $34,310 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 9.12% on a $103,500 entry. Equity gained on principal adds $668/yr, while 5% annual appreciation builds toward $28,595 over five years. Five-year ROI reaches 122.02% and total cumulative return in cash sums $41,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $787/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
N/A 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
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Listed by: Laura Krier • Exp Realty, LLC
Mls Name: SCKMLS
Mls ID: #657792
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.