124 Locust StNortonvilleKS66060
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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 Nortonville at 124 Locust St, Nortonville, KS, 66060 generates $0/mo in rent, after a $1,443/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.17% in year one, and rental yield is 0% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66060, Nortonville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 336 (75.0%) |
| Renter Occupied HU | 62 (13.8%) |
| Vacant Housing Units | 50 (11.2%) |
| Median Home Value | $204,255 |
| Average Home Value | $241,927 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
32
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: MICHELLE GERETY • PIA FRIEND REALTY
Mls Name: LBORMLS
Mls ID: #164790