0 3rd RdLe RoyKS66857
INVESTMENT ANALYSIS
Investment Verdict
Solid Income0 3rd Rd, Le Roy, KS, 66857 in Le Roy earns a respectable 9.04% gross yield at $123,456, but after the $555/mo mortgage the net cash flow is $109/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.68) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $34,109 over five years, making equity the dominant return driver. Total projected return: $54,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.2% |
| Monthly Cash Flow | $109 | $800 |
City averages based on Le Roy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $930 |
| Total Monthly Debt Service | $772 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66857, Le Roy, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 311 (72.2%) |
| Renter Occupied HU | 59 (13.7%) |
| Vacant Housing Units | 61 (14.2%) |
| Median Home Value | $216,346 |
| Average Home Value | $255,402 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
335
Multi-Family
0
Businesses
23
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
Lot
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66857, Le Roy, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 311 (72.2%) |
| Renter Occupied HU | 59 (13.7%) |
| Vacant Housing Units | 61 (14.2%) |
| Median Home Value | $216,346 |
| Average Home Value | $255,402 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
335
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices