306 W 6th StLongtonKS67352
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 Longton at 306 W 6th St, Longton, KS, 67352 generates $438/mo in rent, after a $538/mo payment. Total monthly income is $438/mo. Return on cash invested sits at 10.25% in year one, and rental yield is 4.78% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 51.73% and total cumulative return in cash sums $18,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $438/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67352, Longton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 286 (100%) |
| Owner Occupied HU | 165 (57.7%) |
| Renter Occupied HU | 30 (10.5%) |
| Vacant Housing Units | 91 (31.8%) |
| Median Home Value | $70,833 |
| Average Home Value | $117,833 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices