1013 S 4th StAtchisonKS66002
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $118,000, 1013 S 4th St, Atchison, KS, 66002 in Atchison generates $893/mo in rent (9.08% yield) but nets only $108/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.68) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $32,601. Total projected return: $51,936.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $108 | $150 |
City averages based on Atchison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $893 |
| Total Monthly Debt Service | $738 |
| DSCR Ratio | 1.21x |
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 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66002, Atchison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,492 (100%) |
| Owner Occupied HU | 3,158 (57.5%) |
| Renter Occupied HU | 1,796 (32.7%) |
| Vacant Housing Units | 538 ( 9.8%) |
| Median Home Value | $166,910 |
| Average Home Value | $202,031 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
4,939
Multi-Family
414
Businesses
498
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 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66002, Atchison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,492 (100%) |
| Owner Occupied HU | 3,158 (57.5%) |
| Renter Occupied HU | 1,796 (32.7%) |
| Vacant Housing Units | 538 ( 9.8%) |
| Median Home Value | $166,910 |
| Average Home Value | $202,031 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
4,939
Multi-Family
414
Businesses
498
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices