502 N Harper StAtticaKS67009
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
Rental property for sale in Attica at 502 N Harper St, Attica, KS, 67009 offers $1,188/mo rent that, after a $612/mo payment, leaves $356/mo cash flow. Total monthly income is $1,188/mo, and annual cash flow is $4,274/yr on $41,438 cash. Return on cash invested measures 30.22% in year one, and rental yield stands at 11.4% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 158.88% and total cumulative return in cash reaches $65,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,188/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67009, Attica, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 237 (58.5%) |
| Renter Occupied HU | 77 (19.0%) |
| Vacant Housing Units | 91 (22.5%) |
| Median Home Value | $66,406 |
| Average Home Value | $106,930 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
34
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