106 S Preston StKincaidKS66039
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 106 S Preston St, Kincaid, KS, 66039 in Kincaid. Rental yield 0%. At $392,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $108,302 in new equity by year five, complemented by $3,610/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $600 |
City averages based on Kincaid market data in our database. Property projections are estimates.
Single Family
Built in 2022
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66039, Kincaid, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 197 (68.4%) |
| Renter Occupied HU | 29 (10.1%) |
| Vacant Housing Units | 62 (21.5%) |
| Median Home Value | $146,711 |
| Average Home Value | $165,596 |
Housing Distribution
Address Breakdown
Residential
211
Single Family
211
Multi-Family
0
Businesses
12
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 2022
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66039, Kincaid, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 197 (68.4%) |
| Renter Occupied HU | 29 (10.1%) |
| Vacant Housing Units | 62 (21.5%) |
| Median Home Value | $146,711 |
| Average Home Value | $165,596 |
Housing Distribution
Address Breakdown
Residential
211
Single Family
211
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices