500 Oak Park DrMcPhersonKS67460
Nearby investment properties with comparable rents
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 McPherson at 500 Oak Park Dr, McPherson, KS, 67460 earns $457/mo cash flow from $2,519/mo rent with a $1,517/mo payment. Total monthly income totals $2,519/mo, and annual cash flow totals $5,483/yr on $102,765 capital. ROI tracks 25.24% on current figures, and rental yield reads 9.75% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 132.05% and total cumulative return in cash sums $135,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.
Single Family
Built in 1989
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kendra Kuchta • Berkshire Hathaway PenFed Realty
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52946
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.