608 Four H RdLansingKS66043
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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 Lansing at 608 Four H Rd, Lansing, KS, 66043 priced at $398,700 converts $3,130/mo rent into $478/mo cash flow after a $1,951/mo obligation. Total monthly income equals $3,130/mo, and annual cash flow totals $5,736/yr on $132,169 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 9.42% against a $398,700 entry. Equity gained on principal adds $2,573/yr, while 5% annual appreciation compiles into $110,153 by year five. Five-year ROI reaches 126.71% and total cumulative return in cash sums $167,476. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,130/mo property income covering a $1,951/mo payment, not borrower’s personal income.
Single Family
Built in 1985
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66043, Lansing, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,394 (68.0%) |
| Renter Occupied HU | 952 (27.0%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $313,636 |
| Average Home Value | $326,470 |
Housing Distribution
Address Breakdown
Residential
3,385
Single Family
3,266
Multi-Family
119
Businesses
246
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