622 N Locust StMankatoKS66956
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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
Total monthly income runs $1,319/mo, and a $1,640/mo payment. Purchase price stands at $335,000, and rental yield measures 4.72% with $1,319/mo rent. Return on cash invested shows 10.08% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 50.71% and total cumulative return in cash records $56,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66956, Mankato, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 491 (61.8%) |
| Renter Occupied HU | 153 (19.2%) |
| Vacant Housing Units | 151 (19.0%) |
| Median Home Value | $80,227 |
| Average Home Value | $168,910 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
524
Multi-Family
1
Businesses
80
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