100397 NE 5th StPrattKS67124
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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 Pratt at 100397 NE 5th St, Pratt, KS, 67124 generates $2,086/mo in rent and, after a $1,515/mo payment, leaves $27/mo in cash flow. Total monthly income is $2,086/mo, and annual cash flow is $322/yr on $102,599 invested. Return on cash invested sits at 20.22% in year one, and rental yield is 8.09% on a $309,500 entry. Equity gained on principal adds $1,997/yr, while 5% annual appreciation builds toward $85,509 over five years. Five-year ROI reaches 105.14% and total cumulative return in cash sums $107,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
22.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
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Listed by: Starla Elliott • CENTURY 21 GRIGSBY REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #49559
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. Information is deemed reliable but not guaranteed.