611 N Hartup StMcPhersonKS67460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 McPherson at 611 N Hartup St, McPherson, KS, 67460 uses $68,488 cash to close to unlock $4,927/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $1,790/mo, and a $1,011/mo payment keeps the spread at $411/mo. Purchase price stands at $206,600, and rental yield measures 10.4% with $1,790/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $57,080 over five years. Five-year ROI reaches 142.09% and total cumulative return in cash records $97,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,790/mo property income covering a $1,011/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices