406 Locust StAmericusKS66835
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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 Americus at 406 Locust St, Americus, KS, 66835 with 5% annual appreciation on a $239,500 basis while $1,280/mo rent supports operations. 18% in year one. Equity gained on principal adds $1,545/yr, and five-year appreciation sums $66,169 alongside rental yield of 6.41%. Five-year ROI measures 78.07% and total cumulative return in cash totals $61,981. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,280/mo property income versus a $1,172/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66835, Americus, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 400 (78.7%) |
| Renter Occupied HU | 72 (14.2%) |
| Vacant Housing Units | 36 ( 7.1%) |
| Median Home Value | $238,636 |
| Average Home Value | $279,388 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
23
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Listed by: Lacie Hamlin • RE/MAX EK Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238634
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.