522 E 1st StLucasKS67648
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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 Lucas at 522 E 1st St, Lucas, KS, 67648 listed at $138,000 pairs $1,320/mo rent with a $675/mo payment to leave $402/mo cash flow. Total monthly income runs $1,320/mo, and annual cash flow reaches $4,828/yr on $45,747 cash to close. Return on cash invested measures 30.46% in year one, and rental yield registers 11.48% at a $138,000 basis. Equity gained on principal adds $890/yr, and annual property appreciation at 5% supports $38,127 by year five. Five-year ROI tracks 160.13% and total cumulative return in cash totals $73,254. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,320/mo property income relative to a $675/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67648, Lucas, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 182 (59.5%) |
| Renter Occupied HU | 35 (11.4%) |
| Vacant Housing Units | 89 (29.1%) |
| Median Home Value | $77,143 |
| Average Home Value | $133,901 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
38
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