1883 120thMarionKS66861
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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 Marion at 1883 120th, Marion, KS, 66861 offers a 6.41% rental yield on a $329,900 purchase with $1,763/mo rent. 17% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 78.03% and total cumulative return in cash at $85,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1878
18.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66861, Marion, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 1,065 (63.8%) |
| Renter Occupied HU | 322 (19.3%) |
| Vacant Housing Units | 283 (16.9%) |
| Median Home Value | $133,131 |
| Average Home Value | $185,035 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,407
Multi-Family
34
Businesses
158
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Listed by: Keith Zwickl Jr • ReeceNichols South Central Kansas
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53187
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.