7745 Pratt RdErieKS66733
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
Investment property for sale in Erie at 7745 Pratt Rd, Erie, KS, 66733 listed at $289,000 pairs $1,343/mo rent with a $1,415/mo payment. Total monthly income runs $1,343/mo. Return on cash invested measures 12.64% in year one, and rental yield registers 5.58% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 64.48% and total cumulative return in cash totals $61,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,343/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1992
27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66733, Erie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 660 (69.4%) |
| Renter Occupied HU | 164 (17.2%) |
| Vacant Housing Units | 127 (13.4%) |
| Median Home Value | $151,190 |
| Average Home Value | $181,617 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
820
Multi-Family
15
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices