3800 120th 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 3800 120th Rd, Thayer, KS, 66776 offers a 11.59% rental yield on a $294,870 purchase with $2,848/mo rent. Total monthly income registers $2,848/mo, and a $1,443/mo payment leaves $887/mo available for distribution. Annual cash flow reaches $10,638/yr on $97,749 to close, and return on cash invested stands at 30.79% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,467 over five years. Portfolio math shows five-year ROI at 161.84% and total cumulative return in cash at $158,193. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,848/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
24.58 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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