515 N 7th StLacygneKS66040
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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 Lacygne at 515 N 7th St, Lacygne, KS, 66040 priced at $251,100 pairs $1,854/mo rent with $177/mo cash flow after a $1,229/mo payment. Total monthly income equals $1,854/mo, and annual cash flow comes to $2,119/yr on $83,240 invested. Return on cash invested is 22.45% in year one, and rental yield stands at 8.86% on a $251,100 basis. Equity gained on principal adds $1,620/yr, and 5% annual appreciation accumulates to $69,374 by year five. Five-year ROI measures 117.17% and total cumulative return in cash reaches $97,531. For financing, Ziffy Mortgage’s DSCR program evaluates $1,854/mo property income against a $1,229/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66040, La Cygne, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,033 (100%) |
| Owner Occupied HU | 1,199 (59.0%) |
| Renter Occupied HU | 312 (15.3%) |
| Vacant Housing Units | 522 (25.7%) |
| Median Home Value | $176,862 |
| Average Home Value | $229,917 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,448
Multi-Family
126
Businesses
95
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