822 Carolina StNeodeshaKS66757
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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 Neodesha at 822 Carolina St, Neodesha, KS, 66757 with 5% annual appreciation on a $164,000 basis while $1,474/mo rent supports operations. Total monthly income totals $1,474/mo and a $803/mo payment preserves $383/mo for cash returns. Annual cash flow comes to $4,592/yr on $54,366 deployed, and return on cash invested reaches 28.35% in year one. Equity gained on principal adds $1,058/yr, and five-year appreciation sums $45,310 alongside rental yield of 10.79%. Five-year ROI measures 148.76% and total cumulative return in cash totals $80,877.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,474/mo property income versus a $803/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66757, Neodesha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 916 (56.5%) |
| Renter Occupied HU | 442 (27.3%) |
| Vacant Housing Units | 263 (16.2%) |
| Median Home Value | $113,636 |
| Average Home Value | $156,174 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,387
Multi-Family
7
Businesses
142
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