412 W 17th StLarnedKS67550
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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 Larned at 412 W 17th St, Larned, KS, 67550 offers a 9.62% rental yield on a $239,000 purchase with $1,915/mo rent. Total monthly income registers $1,915/mo, and a $1,170/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,897/yr on $79,229 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 129.83% and total cumulative return in cash at $102,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,915/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67550, Larned, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,456 (55.9%) |
| Renter Occupied HU | 670 (25.7%) |
| Vacant Housing Units | 477 (18.3%) |
| Median Home Value | $116,589 |
| Average Home Value | $149,347 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,088
Multi-Family
81
Businesses
235
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