1009 Main StDeerfieldKS67838
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1009 Main St, Deerfield, KS, 67838 in Deerfield. At $215,000 it earns $1,702/mo in rent and distributes $271/mo to the owner after the $967/mo payment, a consistent 9.5% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $59,401 in value; $1,980/yr in principal paydown compounds ownership stake. Total projected return: $99,424.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.0% |
| Monthly Cash Flow | $271 | $300 |
City averages based on Deerfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,702 |
| Total Monthly Debt Service | $1,345 |
| DSCR Ratio | 1.27x |
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.
Single Family
Built in 1948
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67838, Deerfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 240 (63.8%) |
| Renter Occupied HU | 89 (23.7%) |
| Vacant Housing Units | 47 (12.5%) |
| Median Home Value | $175,000 |
| Average Home Value | $196,885 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
28
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
Single Family
Built in 1948
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67838, Deerfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 240 (63.8%) |
| Renter Occupied HU | 89 (23.7%) |
| Vacant Housing Units | 47 (12.5%) |
| Median Home Value | $175,000 |
| Average Home Value | $196,885 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry Penner • Fresh Move Realty, Inc
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100337
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.