407 S Washington AveLa HarpeKS66751
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 407 S Washington Ave, La Harpe, KS, 66751 in La Harpe is priced for capital growth, not immediate cash flow. The $149,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $41,166 by year five, with $1,372/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $500 |
City averages based on La Harpe market data in our database. Property projections are estimates.
Single Family
Built in 1890
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66751, La Harpe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 259 (73.8%) |
| Renter Occupied HU | 55 (15.7%) |
| Vacant Housing Units | 37 (10.5%) |
| Median Home Value | $142,763 |
| Average Home Value | $177,452 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1890
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66751, La Harpe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 259 (73.8%) |
| Renter Occupied HU | 55 (15.7%) |
| Vacant Housing Units | 37 (10.5%) |
| Median Home Value | $142,763 |
| Average Home Value | $177,452 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices