1653 E 341st StMelvernKS66510
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
Investment property for sale in Melvern at 1653 E 341st St, Melvern, KS, 66510 earns from $960/mo rent with a $1,188/mo payment. Total monthly income totals $960/mo. ROI tracks 10.14% on current figures, and rental yield reads 4.75% at a $242,700 purchase. Equity gained on principal adds $1,566/yr, and 5% annual appreciation supports $67,054 over five years. Five-year ROI reaches 51.13% and total cumulative return in cash sums $41,134. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 2024
22.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66510, Melvern, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 367 (100%) |
| Owner Occupied HU | 254 (69.2%) |
| Renter Occupied HU | 62 (16.9%) |
| Vacant Housing Units | 51 (13.9%) |
| Median Home Value | $204,878 |
| Average Home Value | $347,972 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
14
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Listed by: Carla Sloop • Liberty Real Estate LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240814
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.