840 N Myers StMcPhersonKS67460
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 McPherson at 840 N Myers St, McPherson, KS, 67460 with 5% annual appreciation on a $128,700 basis while $1,282/mo rent supports operations. Total monthly income totals $1,282/mo and a $630/mo payment preserves $426/mo for cash returns. Annual cash flow comes to $5,109/yr on $42,664 deployed, and return on cash invested reaches 31.88% in year one. Equity gained on principal adds $830/yr, and five-year appreciation sums $35,557 alongside rental yield of 11.95%. Five-year ROI measures 167.67% and total cumulative return in cash totals $71,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,282/mo property income versus a $630/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices