206 N Hamilton StLakinKS67860
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lakin at 206 N Hamilton St, Lakin, KS, 67860 at $320,000 posts ROI 23.71% with $336/mo cash flow from $2,465/mo rent. Total monthly income equals $2,465/mo, and annual cash flow records $4,036/yr on $106,080 to close. Return on cash invested measures 23.71% and rental yield reads 9.24% at the current $320,000. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 123.88% and total cumulative return in cash totals $131,415.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67860, Lakin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 779 (65.5%) |
| Renter Occupied HU | 296 (24.9%) |
| Vacant Housing Units | 114 ( 9.6%) |
| Median Home Value | $210,592 |
| Average Home Value | $214,178 |
Housing Distribution
Address Breakdown
Residential
357
Single Family
357
Multi-Family
0
Businesses
131
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