420 S Reed AveLyonsKS67554
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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 Lyons at 420 S Reed Ave, Lyons, KS, 67554 priced at $110,000 converts $868/mo rent into $137/mo cash flow after a $538/mo obligation. Total monthly income equals $868/mo, and annual cash flow totals $1,639/yr on $36,465 invested. Return on cash invested prints 24.4% in year one, and rental yield reads 9.47% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 127.58% and total cumulative return in cash sums $46,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $868/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67554, Lyons, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 1,231 (60.9%) |
| Renter Occupied HU | 502 (24.8%) |
| Vacant Housing Units | 290 (14.3%) |
| Median Home Value | $101,382 |
| Average Home Value | $124,088 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,687
Multi-Family
102
Businesses
201
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Listed by: Janet Koch • PLAZA/ASTLE REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52207
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.