120 S 2nd StLindsborgKS67456
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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 Lindsborg at 120 S 2nd St, Lindsborg, KS, 67456 generates $1,066/mo in rent, after a $1,175/mo payment. Total monthly income is $1,066/mo. Return on cash invested sits at 11.9% in year one, and rental yield is 5.33% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 60.49% and total cumulative return in cash sums $48,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,066/mo property income rather than buyer’s personal income.
Condo
Built in 1988
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67456, Lindsborg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,330 (68.1%) |
| Renter Occupied HU | 448 (22.9%) |
| Vacant Housing Units | 176 ( 9.0%) |
| Median Home Value | $201,747 |
| Average Home Value | $223,299 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,817
Multi-Family
38
Businesses
187
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Listed by: Mari Loder • Coldwell Banker Antrim Piper Wenger REALTORS
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52734
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.