1563 Road S5LakinKS67860
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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 Lakin at 1563 Road S5, Lakin, KS, 67860 earns $342/mo cash flow from $2,072/mo rent with a $1,273/mo payment. Total monthly income totals $2,072/mo, and annual cash flow totals $4,102/yr on $86,190 capital. ROI tracks 24.67% on current figures, and rental yield reads 9.56% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 128.99% and total cumulative return in cash sums $111,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,072/mo property income instead of your personal income.
Single Family
Built in 1915
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67860, Lakin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 779 (65.5%) |
| Renter Occupied HU | 296 (24.9%) |
| Vacant Housing Units | 114 ( 9.6%) |
| Median Home Value | $210,592 |
| Average Home Value | $214,178 |
Housing Distribution
Address Breakdown
Residential
357
Single Family
357
Multi-Family
0
Businesses
131
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