1401 Forrest AveLiberalKS67901
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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 Liberal at 1401 Forrest Ave, Liberal, KS, 67901 uses $60,333 cash to close to unlock $2,196/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,394/mo, and a $891/mo payment keeps the spread at $183/mo. Purchase price stands at $182,000, and rental yield measures 9.19% with $1,394/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 122.97% and total cumulative return in cash records $74,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $891/mo payment rather than investor’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67901, Liberal, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,915 (100%) |
| Owner Occupied HU | 4,396 (55.5%) |
| Renter Occupied HU | 2,657 (33.6%) |
| Vacant Housing Units | 862 (10.9%) |
| Median Home Value | $153,231 |
| Average Home Value | $161,813 |
Housing Distribution
Address Breakdown
Residential
7,561
Single Family
7,028
Multi-Family
533
Businesses
703
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