1311 Harrison AveGoodlandKS67735
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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 Goodland at 1311 Harrison Ave, Goodland, KS, 67735 uses $41,438 cash to close to unlock $2,750/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $1,061/mo, and a $612/mo payment keeps the spread at $229/mo. Purchase price stands at $125,000, and rental yield measures 10.19% with $1,061/mo rent. Return on cash invested shows 26.55% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 139.16% and total cumulative return in cash records $57,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,061/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67735, Goodland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,487 (56.0%) |
| Renter Occupied HU | 715 (26.9%) |
| Vacant Housing Units | 453 (17.1%) |
| Median Home Value | $154,025 |
| Average Home Value | $176,907 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,376
Multi-Family
97
Businesses
385
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