1325 Lynn DrSalinaKS67401
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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 Salina at 1325 Lynn Dr, Salina, KS, 67401 generates $2,645/mo in rent and, after a $1,708/mo payment, leaves $264/mo in cash flow. Total monthly income is $2,645/mo, and annual cash flow is $3,162/yr on $115,660 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 9.1% on a $348,900 entry. Equity gained on principal adds $2,251/yr, while 5% annual appreciation builds toward $96,395 over five years. Five-year ROI reaches 118.35% and total cumulative return in cash sums $136,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,645/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
8,712 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67401, Salina, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,465 (100%) |
| Owner Occupied HU | 13,141 (58.5%) |
| Renter Occupied HU | 7,464 (33.2%) |
| Vacant Housing Units | 1,860 ( 8.3%) |
| Median Home Value | $197,113 |
| Average Home Value | $229,727 |
Housing Distribution
Address Breakdown
Residential
22,087
Single Family
20,528
Multi-Family
1,559
Businesses
1,809
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Listed by: Stefanie Zimmerman • RE/MAX Signature Properties
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20252385
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.