540 Spring StLittle RiverKS67457
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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 Little River at 540 Spring St, Little River, KS, 67457 priced at $130,000 pairs $979/mo rent with $114/mo cash flow after a $636/mo payment. Total monthly income equals $979/mo, and annual cash flow comes to $1,373/yr on $43,095 invested. Return on cash invested is 23.1% in year one, and rental yield stands at 9.04% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 120.58% and total cumulative return in cash reaches $51,963. For financing, Ziffy Mortgage’s DSCR program evaluates $979/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67457, Little River, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 267 (73.0%) |
| Renter Occupied HU | 47 (12.8%) |
| Vacant Housing Units | 52 (14.2%) |
| Median Home Value | $136,458 |
| Average Home Value | $179,635 |
Housing Distribution
Address Breakdown
Residential
189
Single Family
184
Multi-Family
5
Businesses
36
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Listed by: Ashley Gretencord • Sheets - Adams, Realtors
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51938
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.