1716 Hickory LnJunction CityKS66441
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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 Junction City at 1716 Hickory Ln, Junction City, KS, 66441 uses $58,013 cash to close to unlock $5,151/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $857/mo payment keeps the spread at $429/mo. Purchase price stands at $175,000, and rental yield measures 10.93% with $1,594/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 151.14% and total cumulative return in cash records $87,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 2006
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66441, Junction City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,123 (40.1%) |
| Renter Occupied HU | 5,432 (42.6%) |
| Vacant Housing Units | 2,206 (17.3%) |
| Median Home Value | $172,422 |
| Average Home Value | $196,382 |
Housing Distribution
Address Breakdown
Residential
11,704
Single Family
10,663
Multi-Family
1,041
Businesses
881
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Listed by: Robin Martino • NextHome Unlimited
Mls Name: FHARMLS
Mls ID: #20253076