435 Main StLorraineKS67459
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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 Lorraine at 435 Main St, Lorraine, KS, 67459 priced at $150,000 converts $1,194/mo rent into $196/mo cash flow after a $734/mo obligation. Total monthly income equals $1,194/mo, and annual cash flow totals $2,355/yr on $49,725 invested. Return on cash invested prints 24.65% in year one, and rental yield reads 9.55% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 128.93% and total cumulative return in cash sums $64,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1923
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67459, Lorraine, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 116 (100%) |
| Owner Occupied HU | 84 (72.4%) |
| Renter Occupied HU | 15 (12.9%) |
| Vacant Housing Units | 17 (14.7%) |
| Median Home Value | $100,000 |
| Average Home Value | $156,250 |
Housing Distribution
Address Breakdown
Residential
99
Single Family
99
Multi-Family
0
Businesses
6
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