701 N Elm StFrankfortKS66427
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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
Investment property for sale in Frankfort at 701 N Elm St, Frankfort, KS, 66427 with 5% annual appreciation on a $180,000 basis while $0/mo rent supports operations. 17% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66427, Frankfort, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 611 (100%) |
| Owner Occupied HU | 448 (73.3%) |
| Renter Occupied HU | 88 (14.4%) |
| Vacant Housing Units | 75 (12.3%) |
| Median Home Value | $135,145 |
| Average Home Value | $182,651 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
532
Multi-Family
10
Businesses
65
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