219 E 2nd StLucasKS67648
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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 Lucas at 219 E 2nd St, Lucas, KS, 67648 at $158,600 posts ROI 24.71% with $210/mo cash flow from $1,314/mo rent. Total monthly income equals $1,314/mo, and annual cash flow records $2,523/yr on $52,576 to close. Return on cash invested measures 24.71% and rental yield reads 9.94% at the current $158,600. Equity gained on principal adds $1,023/yr, and 5% annual appreciation supports $43,818 by year five. Five-year ROI prints 129.68% and total cumulative return in cash totals $68,178.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,314/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67648, Lucas, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 182 (59.5%) |
| Renter Occupied HU | 35 (11.4%) |
| Vacant Housing Units | 89 (29.1%) |
| Median Home Value | $77,143 |
| Average Home Value | $133,901 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
38
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