300 N Main StPrattKS67124
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 300 N Main St, Pratt, KS, 67124 offers $1,220/mo rent that, after a $783/mo payment, leaves $156/mo cash flow. Total monthly income is $1,220/mo, and annual cash flow is $1,869/yr on $53,023 cash. Return on cash invested measures 23.43% in year one, and rental yield stands at 9.15% at a $159,950 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,191 by year five. Five-year ROI records 122.39% and total cumulative return in cash reaches $64,894. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,220/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
6,969 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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