409 E 9th StHarperKS67058
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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 Harper at 409 E 9th St, Harper, KS, 67058 uses $61,328 cash to close to unlock $2,756/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,460/mo, and a $905/mo payment keeps the spread at $230/mo. Purchase price stands at $185,000, and rental yield measures 9.47% with $1,460/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash records $78,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,460/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67058, Harper, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 585 (57.3%) |
| Renter Occupied HU | 224 (21.9%) |
| Vacant Housing Units | 212 (20.8%) |
| Median Home Value | $103,409 |
| Average Home Value | $135,226 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
111
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