231 Edgeford DrPrattKS67124
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
Rental property for sale in Pratt at 231 Edgeford Dr, Pratt, KS, 67124 priced at $109,000 converts $856/mo rent into $122/mo cash flow after a $534/mo obligation. Total monthly income equals $856/mo, and annual cash flow totals $1,464/yr on $36,134 invested. Return on cash invested prints 23.96% in year one, and rental yield reads 9.42% against a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation compiles into $30,115 by year five. Five-year ROI reaches 125.26% and total cumulative return in cash sums $45,262. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $856/mo property income covering a $534/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Hamm • Hamm Auction & Real Estate, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52242
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.