1494 18000th RdParsonsKS67357
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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 Parsons at 1494 18000th Rd, Parsons, KS, 67357 offers a 7.82% rental yield on a $239,900 purchase with $1,564/mo rent. 43% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 100.93% and total cumulative return in cash at $80,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,564/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67357, Parsons, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,731 (100%) |
| Owner Occupied HU | 3,140 (54.8%) |
| Renter Occupied HU | 1,731 (30.2%) |
| Vacant Housing Units | 860 (15.0%) |
| Median Home Value | $149,849 |
| Average Home Value | $169,497 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,063
Multi-Family
234
Businesses
483
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