1313 Monroe StGreat BendKS67530
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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 Great Bend at 1313 Monroe St, Great Bend, KS, 67530 uses $53,869 cash to close to unlock $927/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,158/mo, and a $795/mo payment keeps the spread at $77/mo. Purchase price stands at $162,500, and rental yield measures 8.55% with $1,158/mo rent. Return on cash invested shows 21.63% in year one, and 5% annual appreciation builds toward $44,896 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash records $60,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,158/mo property income covering a $795/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67530, Great Bend, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,618 (100%) |
| Owner Occupied HU | 4,853 (56.3%) |
| Renter Occupied HU | 2,582 (30.0%) |
| Vacant Housing Units | 1,183 (13.7%) |
| Median Home Value | $158,062 |
| Average Home Value | $174,539 |
Housing Distribution
Address Breakdown
Residential
7,853
Single Family
7,508
Multi-Family
345
Businesses
995
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Listed by: Kristin Dooley • Carr Auction & Real Estate - Pratt
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53100