1010 W 6th StLa HarpeKS66751
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1010 W 6th St, La Harpe, KS, 66751 in La Harpe at $142,900 earns $1,129/mo in rent and nets $178/mo after the $643/mo payment, a 9.48% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $39,481 over five years. Ziffy Mortgage underwrites this on a 1.76 DSCR without U.S. credit history. With $1,316/yr in principal paydown, total projected return reaches $65,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $178 | $500 |
City averages based on La Harpe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,129 |
| Total Monthly Debt Service | $894 |
| DSCR Ratio | 1.26x |
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.
Manufactured
Built in 2007
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66751, La Harpe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 259 (73.8%) |
| Renter Occupied HU | 55 (15.7%) |
| Vacant Housing Units | 37 (10.5%) |
| Median Home Value | $142,763 |
| Average Home Value | $177,452 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
14
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
Manufactured
Built in 2007
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66751, La Harpe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 259 (73.8%) |
| Renter Occupied HU | 55 (15.7%) |
| Vacant Housing Units | 37 (10.5%) |
| Median Home Value | $142,763 |
| Average Home Value | $177,452 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices