901-903 S Main StLansingKS66043
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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
Total monthly income runs $1,890/mo, and a $1,461/mo payment. Purchase price stands at $298,500, and rental yield measures 7.6% with $1,890/mo rent. Return on cash invested shows 18.75% in year one, and 5% annual appreciation builds toward $82,470 over five years. Five-year ROI reaches 97.26% and total cumulative return in cash records $96,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $1,461/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66043, Lansing, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,394 (68.0%) |
| Renter Occupied HU | 952 (27.0%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $313,636 |
| Average Home Value | $326,470 |
Housing Distribution
Address Breakdown
Residential
3,385
Single Family
3,266
Multi-Family
119
Businesses
246
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