813 Iowa AvePrattKS67124
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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 Pratt at 813 Iowa Ave, Pratt, KS, 67124 with 5% annual appreciation on a $134,500 basis while $1,048/mo rent supports operations. Total monthly income totals $1,048/mo and a $658/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,842/yr on $44,587 deployed, and return on cash invested reaches 24.04% in year one. Equity gained on principal adds $868/yr, and five-year appreciation sums $37,160 alongside rental yield of 9.35%. Five-year ROI measures 125.69% and total cumulative return in cash totals $56,040.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,048/mo property income versus a $658/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
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