121 E 12th StLarnedKS67550
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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 121 E 12th St, Larned, KS, 67550 generates $966/mo in rent and, after a $612/mo payment, leaves $134/mo in cash flow. Total monthly income is $966/mo, and annual cash flow is $1,610/yr on $41,438 invested. Return on cash invested sits at 23.8% in year one, and rental yield is 9.27% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 124.42% and total cumulative return in cash sums $51,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $966/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.33 Acres 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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Listed by: Kristin Dooley • Carr Auction & Real Estate - Pratt
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52984
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.