2015 Lakin AveGreat 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
Investment property for sale in Great Bend at 2015 Lakin Ave, Great Bend, KS, 67530 offers a 9.08% rental yield on a $119,000 purchase with $900/mo rent. Total monthly income registers $900/mo, and a $582/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,305/yr on $39,449 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 121.2% and total cumulative return in cash at $47,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: Kevin L. Keller • Keller Real Estate
Mls Name: KSMLS
Mls ID: #85321
Disclaimer: Copyright Kansas Statewide MLS. All rights reserved. Information is deemed reliable but not guaranteed.