621 W 6th StLarnedKS67550
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 Larned at 621 W 6th St, Larned, KS, 67550 at $156,000 posts ROI 36.77% with $727/mo cash flow from $1,765/mo rent. Total monthly income equals $1,765/mo, and annual cash flow records $8,720/yr on $51,714 to close. Return on cash invested measures 36.77% and rental yield reads 13.58% at the current $156,000. Equity gained on principal adds $1,007/yr, and 5% annual appreciation supports $43,100 by year five. Five-year ROI prints 193.91% and total cumulative return in cash totals $100,278.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1911
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67550, Larned, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,456 (55.9%) |
| Renter Occupied HU | 670 (25.7%) |
| Vacant Housing Units | 477 (18.3%) |
| Median Home Value | $116,589 |
| Average Home Value | $149,347 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,088
Multi-Family
81
Businesses
235
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