897 Elk RdClay 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
Investment property for sale in Clay Center at 897 Elk Rd, Clay Center, KS, 67432 with 5% annual appreciation on a $815,000 basis while $1,189/mo rent supports operations. 12% in year one. Equity gained on principal adds $5,259/yr, and five-year appreciation sums $225,169 alongside rental yield of 1.75%. Five-year ROI measures 2.64% and total cumulative return in cash totals $7,069. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,189/mo property income versus a $3,989/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
154 Acres 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: Julia Stone • Platinum Group Realtors, LLC
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250852
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.