715 S Purdy AveLyonsKS67554
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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 Lyons at 715 S Purdy Ave, Lyons, KS, 67554 with 5% annual appreciation on a $120,000 basis while $942/mo rent supports operations. Total monthly income totals $942/mo and a $587/mo payment preserves $144/mo for cash returns. Annual cash flow comes to $1,728/yr on $39,780 deployed, and return on cash invested reaches 24.25% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.42%. Five-year ROI measures 126.71% and total cumulative return in cash totals $50,407.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $942/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67554, Lyons, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 1,231 (60.9%) |
| Renter Occupied HU | 502 (24.8%) |
| Vacant Housing Units | 290 (14.3%) |
| Median Home Value | $101,382 |
| Average Home Value | $124,088 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,687
Multi-Family
102
Businesses
201
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Listed by: Janet Koch • PLAZA/ASTLE REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51702
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.