615 Central 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
Rental property for sale in Harper at 615 Central St, Harper, KS, 67058 priced at $100,000 converts $781/mo rent into $116/mo cash flow after a $489/mo obligation. Total monthly income equals $781/mo, and annual cash flow totals $1,394/yr on $33,150 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 9.37% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 126.13% and total cumulative return in cash sums $41,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $781/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.49 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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