204 E 20th StLarnedKS67550
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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 Larned at 204 E 20th St, Larned, KS, 67550 uses $38,123 cash to close to unlock $3,117/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,025/mo, and a $563/mo payment keeps the spread at $260/mo. Purchase price stands at $115,000, and rental yield measures 10.7% with $1,025/mo rent. Return on cash invested shows 28.09% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash records $56,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,025/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67550, Larned, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,456 (55.9%) |
| Renter Occupied HU | 670 (25.7%) |
| Vacant Housing Units | 477 (18.3%) |
| Median Home Value | $116,589 |
| Average Home Value | $149,347 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,088
Multi-Family
81
Businesses
235
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