712 2nd AveConcordiaKS66901
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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 Concordia at 712 2nd Ave, Concordia, KS, 66901 earns $305/mo cash flow from $1,396/mo rent with a $803/mo payment. Total monthly income totals $1,396/mo, and annual cash flow totals $3,656/yr on $54,366 capital. ROI tracks 26.63% on current figures, and rental yield reads 10.21% at a $164,000 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 over five years. Five-year ROI reaches 139.54% and total cumulative return in cash sums $75,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,396/mo property income instead of your personal income.
Single Family
Built in 1920
8,800 sqft 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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