904 17th AveMcPhersonKS67460
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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 McPherson at 904 17th Ave, McPherson, KS, 67460 generates $1,112/mo in rent and, after a $702/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,112/mo, and annual cash flow is $1,892/yr on $47,570 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 9.3% on a $143,500 entry. Equity gained on principal adds $926/yr, while 5% annual appreciation builds toward $39,646 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash sums $59,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,112/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
3.70 Acres 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
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