409 N Labette StEdnaKS67342
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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
Total monthly income runs $616/mo, and a $587/mo payment. Purchase price stands at $120,000, and rental yield measures 6.16% with $616/mo rent. Return on cash invested shows 14.42% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 74.01% and total cumulative return in cash records $29,443. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $616/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1977
10,508 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67342, Edna, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 284 (71.0%) |
| Renter Occupied HU | 45 (11.2%) |
| Vacant Housing Units | 71 (17.7%) |
| Median Home Value | $219,231 |
| Average Home Value | $273,442 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
23
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