403 E Park LnSalinaKS67401
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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
Rental property for sale in Salina at 403 E Park Ln, Salina, KS, 67401 priced at $350,000 pairs $2,129/mo rent with after a $1,713/mo payment. Total monthly income equals $2,129/mo. Return on cash invested is 17.85% in year one, and rental yield stands at 7.3% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 92.4% and total cumulative return in cash reaches $107,210. For financing, Ziffy Mortgage’s DSCR program evaluates $2,129/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67401, Salina, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,465 (100%) |
| Owner Occupied HU | 13,141 (58.5%) |
| Renter Occupied HU | 7,464 (33.2%) |
| Vacant Housing Units | 1,860 ( 8.3%) |
| Median Home Value | $197,113 |
| Average Home Value | $229,727 |
Housing Distribution
Address Breakdown
Residential
22,087
Single Family
20,528
Multi-Family
1,559
Businesses
1,809
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