509 E Commercial StLyonsKS67554
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 Lyons at 509 E Commercial St, Lyons, KS, 67554 offers $1,423/mo rent that, after a $1,006/mo payment, leaves $56/mo cash flow. Total monthly income is $1,423/mo, and annual cash flow is $668/yr on $68,123 cash. Return on cash invested measures 20.89% in year one, and rental yield stands at 8.31% at a $205,500 entry. Equity gained on principal adds $1,326/yr while 5% annual appreciation compounds into $56,776 by year five. Five-year ROI records 108.73% and total cumulative return in cash reaches $74,071. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,423/mo property income versus a $1,006/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,405 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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