1416 Curtiss DrMcPhersonKS67460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 McPherson at 1416 Curtiss Dr, McPherson, KS, 67460 priced at $270,490 converts $2,251/mo rent into $451/mo cash flow after a $1,324/mo obligation. Total monthly income equals $2,251/mo, and annual cash flow totals $5,417/yr on $89,667 invested. Return on cash invested prints 25.95% in year one, and rental yield reads 9.99% against a $270,490 entry. Equity gained on principal adds $1,745/yr, while 5% annual appreciation compiles into $74,731 by year five. Five-year ROI reaches 135.87% and total cumulative return in cash sums $121,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,251/mo property income covering a $1,324/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
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Listed by: Blair Hamilton • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #643529
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.