720 W 8th StLarnedKS67550
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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
Rental property for sale in Larned at 720 W 8th St, Larned, KS, 67550 generates $1,019/mo in rent and, after a $685/mo payment, leaves $88/mo in cash flow. Total monthly income is $1,019/mo, and annual cash flow is $1,056/yr on $46,377 invested. Return on cash invested sits at 22.19% in year one, and rental yield is 8.74% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 115.8% and total cumulative return in cash sums $53,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,019/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
6,390 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67550, Larned, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,456 (55.9%) |
| Renter Occupied HU | 670 (25.7%) |
| Vacant Housing Units | 477 (18.3%) |
| Median Home Value | $116,589 |
| Average Home Value | $149,347 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,088
Multi-Family
81
Businesses
235
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