214 W 1st StPrattKS67124
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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 214 W 1st St, Pratt, KS, 67124 listed at $124,500 pairs $952/mo rent with a $609/mo payment to leave $124/mo cash flow. Total monthly income runs $952/mo, and annual cash flow reaches $1,489/yr on $41,272 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 9.18% at a $124,500 basis. Equity gained on principal adds $803/yr, and annual property appreciation at 5% supports $34,397 by year five. Five-year ROI tracks 122.88% and total cumulative return in cash totals $50,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $952/mo property income relative to a $609/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
6,098 sqft 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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Listed by: John Hamm • Hamm Auction & Real Estate, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52258
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.