102 E 2nd StFrankfortKS66427
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 102 E 2nd St, Frankfort, KS, 66427 in Frankfort is capital appreciation. Rental yield 0%. The 0% gross yield at $199,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $54,980 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.5% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Frankfort market data in our database. Property projections are estimates.
Single Family
Built in 1892
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66427, Frankfort, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 611 (100%) |
| Owner Occupied HU | 448 (73.3%) |
| Renter Occupied HU | 88 (14.4%) |
| Vacant Housing Units | 75 (12.3%) |
| Median Home Value | $135,145 |
| Average Home Value | $182,651 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
532
Multi-Family
10
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1892
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66427, Frankfort, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 611 (100%) |
| Owner Occupied HU | 448 (73.3%) |
| Renter Occupied HU | 88 (14.4%) |
| Vacant Housing Units | 75 (12.3%) |
| Median Home Value | $135,145 |
| Average Home Value | $182,651 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
532
Multi-Family
10
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices