1636 Cherokee RdGreat BendKS67530
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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 Great Bend at 1636 Cherokee Rd, Great Bend, KS, 67530 priced at $234,900 pairs $1,577/mo rent with $14/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,577/mo, and annual cash flow comes to $168/yr on $77,869 invested. Return on cash invested is 20.12% in year one, and rental yield stands at 8.06% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 104.59% and total cumulative return in cash reaches $81,441. For financing, Ziffy Mortgage’s DSCR program evaluates $1,577/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67530, Great Bend, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,618 (100%) |
| Owner Occupied HU | 4,853 (56.3%) |
| Renter Occupied HU | 2,582 (30.0%) |
| Vacant Housing Units | 1,183 (13.7%) |
| Median Home Value | $158,062 |
| Average Home Value | $174,539 |
Housing Distribution
Address Breakdown
Residential
7,853
Single Family
7,508
Multi-Family
345
Businesses
995
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Listed by: Aaron Andrews • MPIRE Realty Group
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #204558
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. Information is deemed reliable but not guaranteed.