411 N Peabody StNickersonKS67561
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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
Rental property for sale in Nickerson at 411 N Peabody St, Nickerson, KS, 67561 priced at $115,000 pairs $886/mo rent with $79/mo cash flow after a $563/mo payment. Total monthly income equals $886/mo, and annual cash flow comes to $950/yr on $38,123 invested. Return on cash invested is 22.4% in year one, and rental yield stands at 9.25% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 117.4% and total cumulative return in cash reaches $44,757. For financing, Ziffy Mortgage’s DSCR program evaluates $886/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67561, Nickerson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 463 (69.7%) |
| Renter Occupied HU | 118 (17.8%) |
| Vacant Housing Units | 83 (12.5%) |
| Median Home Value | $187,054 |
| Average Home Value | $209,541 |
Housing Distribution
Address Breakdown
Residential
469
Single Family
469
Multi-Family
0
Businesses
33
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Listed by: Chiann Aumiller • Sheets-Adams, REALTORS - Hutchinson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.