400 N Burr StNickersonKS67561
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
Investment property for sale in Nickerson at 400 N Burr St, Nickerson, KS, 67561 at $149,900 posts ROI 23.42% with $145/mo cash flow from $1,176/mo rent. Total monthly income equals $1,176/mo, and annual cash flow records $1,745/yr on $49,692 to close. Return on cash invested measures 23.42% and rental yield reads 9.41% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 122.62% and total cumulative return in cash totals $60,935.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67561, Nickerson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 463 (69.7%) |
| Renter Occupied HU | 118 (17.8%) |
| Vacant Housing Units | 83 (12.5%) |
| Median Home Value | $187,054 |
| Average Home Value | $209,541 |
Housing Distribution
Address Breakdown
Residential
469
Single Family
469
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VALERIE PRYOR • PLAZA/ASTLE REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52215
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.