513 S Thompson StPrattKS67124
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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 Pratt at 513 S Thompson St, Pratt, KS, 67124 earns $158/mo cash flow from $989/mo rent with a $611/mo payment. Total monthly income totals $989/mo, and annual cash flow totals $1,901/yr on $41,404 capital. ROI tracks 24.5% on current figures, and rental yield reads 9.5% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash sums $53,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $989/mo property income instead of your personal income.
Single Family
Built in 1890
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
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