303 E 1st StMcPhersonKS67460
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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 McPherson at 303 E 1st St, McPherson, KS, 67460 earns $84/mo cash flow from $838/mo rent with a $538/mo payment. Total monthly income totals $838/mo, and annual cash flow totals $1,011/yr on $36,465 capital. ROI tracks 22.68% on current figures, and rental yield reads 9.14% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 118.7% and total cumulative return in cash sums $43,284. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $838/mo property income instead of your personal income.
Single Family
Built in 1910
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
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Listed by: Jeremy Moore • J.P. Weigand & Sons - McPherson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51816
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.