510 N Locust StFrankfortKS66427
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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 Frankfort at 510 N Locust St, Frankfort, KS, 66427 offers $0/mo rent that, after a $722/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.18% in year one, and rental yield stands at 0% at a $147,500 entry. Equity gained on principal adds $952/yr while 5% annual appreciation compounds into $40,752 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $722/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66427, Frankfort, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 611 (100%) |
| Owner Occupied HU | 448 (73.3%) |
| Renter Occupied HU | 88 (14.4%) |
| Vacant Housing Units | 75 (12.3%) |
| Median Home Value | $135,145 |
| Average Home Value | $182,651 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
532
Multi-Family
10
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices