1020 Carroll AveLarnedKS67550
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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 Larned at 1020 Carroll Ave, Larned, KS, 67550 generates $750/mo in rent, after a $856/mo payment. Total monthly income is $750/mo. Return on cash invested sits at 11.35% in year one, and rental yield is 5.15% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 57.6% and total cumulative return in cash sums $33,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $750/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67550, Larned, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,456 (55.9%) |
| Renter Occupied HU | 670 (25.7%) |
| Vacant Housing Units | 477 (18.3%) |
| Median Home Value | $116,589 |
| Average Home Value | $149,347 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,088
Multi-Family
81
Businesses
235
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