716 Tallgrass DrJunction CityKS66441
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
Rental property for sale in Junction City at 716 Tallgrass Dr, Junction City, KS, 66441 offers $2,076/mo rent that, after a $1,216/mo payment, leaves $423/mo cash flow. Total monthly income is $2,076/mo, and annual cash flow is $5,077/yr on $82,378 cash. Return on cash invested measures 26.07% in year one, and rental yield stands at 10.02% at a $248,500 entry. Equity gained on principal adds $1,604/yr while 5% annual appreciation compounds into $68,656 by year five. Five-year ROI records 136.56% and total cumulative return in cash reaches $112,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,076/mo property income versus a $1,216/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66441, Junction City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,123 (40.1%) |
| Renter Occupied HU | 5,432 (42.6%) |
| Vacant Housing Units | 2,206 (17.3%) |
| Median Home Value | $172,422 |
| Average Home Value | $196,382 |
Housing Distribution
Address Breakdown
Residential
11,704
Single Family
10,663
Multi-Family
1,041
Businesses
881
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Miranda • Mathis Lueker Real Estate
Mls Name: FHARMLS
Mls ID: #20251137