605 E 9th StHarperKS67058
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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 Harper at 605 E 9th St, Harper, KS, 67058 offers a 9.12% rental yield on a $130,000 purchase with $988/mo rent. Total monthly income registers $988/mo, and a $636/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,481/yr on $43,095 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 121.94% and total cumulative return in cash at $52,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $988/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67058, Harper, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 585 (57.3%) |
| Renter Occupied HU | 224 (21.9%) |
| Vacant Housing Units | 212 (20.8%) |
| Median Home Value | $103,409 |
| Average Home Value | $135,226 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
111
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