405 E 8th StFrankfortKS66427
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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 Frankfort at 405 E 8th St, Frankfort, KS, 66427 uses $49,394 cash to close to unlock $2,088/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,165/mo, and a $729/mo payment keeps the spread at $174/mo. Purchase price stands at $149,000, and rental yield measures 9.38% with $1,165/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 126.12% and total cumulative return in cash records $62,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,165/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66427, Frankfort, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 611 (100%) |
| Owner Occupied HU | 448 (73.3%) |
| Renter Occupied HU | 88 (14.4%) |
| Vacant Housing Units | 75 (12.3%) |
| Median Home Value | $135,145 |
| Average Home Value | $182,651 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
532
Multi-Family
10
Businesses
65
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Listed by: Travis Hecht • Coldwell Banker Real Estate Advisors
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250544
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.