20029 SE 30th AvePrattKS67124
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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 Pratt at 20029 SE 30th Ave, Pratt, KS, 67124 uses $117,683 cash to close to unlock $6,921/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $2,939/mo, and a $1,738/mo payment keeps the spread at $577/mo. Purchase price stands at $355,000, and rental yield measures 9.93% with $2,939/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 135% and total cumulative return in cash records $158,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,939/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
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