511 E 12th StLa CrosseKS67548
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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
Investment property for sale in La Crosse at 511 E 12th St, La Crosse, KS, 67548 offers a 9.24% rental yield on a $102,000 purchase with $785/mo rent. Total monthly income registers $785/mo, and a $499/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,280/yr on $33,813 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $658/yr while 5% annual appreciation supports $28,181 over five years. Portfolio math shows five-year ROI at 123.77% and total cumulative return in cash at $41,852. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $785/mo property income against a $499/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67548, La Crosse, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 733 (100%) |
| Owner Occupied HU | 479 (65.3%) |
| Renter Occupied HU | 130 (17.7%) |
| Vacant Housing Units | 124 (16.9%) |
| Median Home Value | $82,100 |
| Average Home Value | $107,056 |
Housing Distribution
Address Breakdown
Residential
452
Single Family
438
Multi-Family
14
Businesses
100
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Listed by: Leah Reed • Platinum Group
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #203598
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.