104 E 6th StTonganoxieKS66086
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 104 E 6th St, Tonganoxie, KS, 66086 in Tonganoxie worth modelling. At $199,950 with a 9.18% gross yield, the $1,530/mo rent leaves $200/mo after the $899/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $55,243 by year five; $1,842/yr in principal reduction adds further equity. Total projected return: $89,118.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.5% |
| Monthly Cash Flow | $200 | $300 |
City averages based on Tonganoxie 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 | $1,530 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.22x |
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 1930
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66086, Tonganoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,546 (100%) |
| Owner Occupied HU | 3,554 (78.2%) |
| Renter Occupied HU | 802 (17.6%) |
| Vacant Housing Units | 190 ( 4.2%) |
| Median Home Value | $322,334 |
| Average Home Value | $372,297 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,173
Multi-Family
48
Businesses
203
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 1930
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66086, Tonganoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,546 (100%) |
| Owner Occupied HU | 3,554 (78.2%) |
| Renter Occupied HU | 802 (17.6%) |
| Vacant Housing Units | 190 ( 4.2%) |
| Median Home Value | $322,334 |
| Average Home Value | $372,297 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,173
Multi-Family
48
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2622942