715 E Market StLacygneKS66040
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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 Lacygne at 715 E Market St, Lacygne, KS, 66040 offers a 8.23% rental yield on a $195,000 purchase with $1,337/mo rent. Total monthly income registers $1,337/mo, and a $954/mo payment leaves $40/mo available for distribution. Annual cash flow reaches $481/yr on $64,643 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 107.5% and total cumulative return in cash at $69,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,337/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66040, La Cygne, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,033 (100%) |
| Owner Occupied HU | 1,199 (59.0%) |
| Renter Occupied HU | 312 (15.3%) |
| Vacant Housing Units | 522 (25.7%) |
| Median Home Value | $176,862 |
| Average Home Value | $229,917 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,448
Multi-Family
126
Businesses
95
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