9 Ram StCouncil GroveKS66846
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Council Grove at 9 Ram St, Council Grove, KS, 66846 priced at $333,400 pairs $2,570/mo rent with $320/mo cash flow after a $1,632/mo payment. Total monthly income equals $2,570/mo, and annual cash flow comes to $3,835/yr on $110,522 invested. Return on cash invested is 23.38% in year one, and rental yield stands at 9.25% on a $333,400 basis. Equity gained on principal adds $2,151/yr, and 5% annual appreciation accumulates to $92,112 by year five. Five-year ROI measures 122.19% and total cumulative return in cash reaches $135,046. For financing, Ziffy Mortgage’s DSCR program evaluates $2,570/mo property income against a $1,632/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66846, Council Grove, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,046 (53.5%) |
| Renter Occupied HU | 371 (19.0%) |
| Vacant Housing Units | 537 (27.5%) |
| Median Home Value | $138,487 |
| Average Home Value | $171,348 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,563
Multi-Family
57
Businesses
224
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