28821 S Croco RdMelvernKS66510
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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 Melvern at 28821 S Croco Rd, Melvern, KS, 66510 offers a 1.66% rental yield on a $695,000 purchase with $960/mo rent. 83% in year one. Equity gained on principal adds $4,485/yr while 5% annual appreciation supports $192,016 over five years. Portfolio math shows five-year ROI at 1.11% and total cumulative return in cash at $2,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $3,402/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66510, Melvern, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 367 (100%) |
| Owner Occupied HU | 254 (69.2%) |
| Renter Occupied HU | 62 (16.9%) |
| Vacant Housing Units | 51 (13.9%) |
| Median Home Value | $204,878 |
| Average Home Value | $347,972 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
14
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Listed by: Brandy Criss Engler • Superior Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236858
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.