1008 S Walnut StMcPhersonKS67460
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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 McPherson at 1008 S Walnut St, McPherson, KS, 67460 listed at $232,800 pairs $2,188/mo rent with a $1,139/mo payment to leave $622/mo cash flow. Total monthly income runs $2,188/mo, and annual cash flow reaches $7,459/yr on $77,173 cash to close. Return on cash invested measures 29.57% in year one, and rental yield registers 11.28% at a $232,800 basis. Equity gained on principal adds $1,502/yr, and annual property appreciation at 5% supports $64,318 by year five. Five-year ROI tracks 155.41% and total cumulative return in cash totals $119,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,188/mo property income relative to a $1,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
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