101 N Mendocino CtGoddardKS67052
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 101 N Mendocino Ct, Goddard, KS, 67052 in Goddard: $1,974/mo in rent, $607/mo net, 12.15% gross yield, all on a $195,000 acquisition. The 2.25 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $53,875 in value, and $1,796/yr in principal paydown steadily builds equity. Projected total cumulative return: $117,925.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.2% |
| Monthly Cash Flow | $607 | $12,000 |
City averages based on Goddard market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,974 |
| Total Monthly Debt Service | $1,220 |
| DSCR Ratio | 1.62x |
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.
Multi Family
Built in 2026
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67052, Goddard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,459 (100%) |
| Owner Occupied HU | 2,813 (81.3%) |
| Renter Occupied HU | 460 (13.3%) |
| Vacant Housing Units | 186 ( 5.4%) |
| Median Home Value | $319,989 |
| Average Home Value | $347,386 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,187
Multi-Family
80
Businesses
214
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
Multi Family
Built in 2026
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67052, Goddard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,459 (100%) |
| Owner Occupied HU | 2,813 (81.3%) |
| Renter Occupied HU | 460 (13.3%) |
| Vacant Housing Units | 186 ( 5.4%) |
| Median Home Value | $319,989 |
| Average Home Value | $347,386 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,187
Multi-Family
80
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices