445 Palermo AveHerndonKS67739
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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
Investment Highlights
Investment property for sale in Herndon at 445 Palermo Ave, Herndon, KS, 67739 offers a 9.95% rental yield on a $170,000 purchase with $1,409/mo rent. Total monthly income registers $1,409/mo, and a $832/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,337/yr on $56,355 to close, and return on cash invested stands at 25.83% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 135.27% and total cumulative return in cash at $76,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,409/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67739, Herndon, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 90 (56.6%) |
| Renter Occupied HU | 28 (17.6%) |
| Vacant Housing Units | 41 (25.8%) |
| Median Home Value | $100,000 |
| Average Home Value | $180,694 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
Multi-Family
0
Businesses
9
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