23371 1200th RdThayerKS66776
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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 Thayer at 23371 1200th Rd, Thayer, KS, 66776 uses $52,046 cash to close to unlock $2,675/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,267/mo, and a $768/mo payment keeps the spread at $223/mo. Purchase price stands at $157,000, and rental yield measures 9.68% with $1,267/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 131% and total cumulative return in cash records $68,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,267/mo property income covering a $768/mo payment rather than investor’s personal income.
Single Family
Built in 1910
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66776, Thayer, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 385 (72.1%) |
| Renter Occupied HU | 96 (18.0%) |
| Vacant Housing Units | 53 ( 9.9%) |
| Median Home Value | $131,686 |
| Average Home Value | $177,935 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
24
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