420 N Kansas AveLurayKS67649
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 420 N Kansas Ave, Luray, KS, 67649 in Luray is priced for capital growth, not immediate cash flow. The $103,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $28,595 by year five, with $953/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% | 8.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Luray market data in our database. Property projections are estimates.
Single Family
Built in 1935
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67649, Luray, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 165 (100%) |
| Owner Occupied HU | 92 (55.8%) |
| Renter Occupied HU | 21 (12.7%) |
| Vacant Housing Units | 52 (31.5%) |
| Median Home Value | $76,364 |
| Average Home Value | $129,538 |
Housing Distribution
Address Breakdown
Residential
59
Single Family
59
Multi-Family
0
Businesses
17
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 1935
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67649, Luray, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 165 (100%) |
| Owner Occupied HU | 92 (55.8%) |
| Renter Occupied HU | 21 (12.7%) |
| Vacant Housing Units | 52 (31.5%) |
| Median Home Value | $76,364 |
| Average Home Value | $129,538 |
Housing Distribution
Address Breakdown
Residential
59
Single Family
59
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices