107 N Ninnescah StPrattKS67124
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 107 N Ninnescah St, Pratt, KS, 67124 in Pratt at $110,000 earns $881/mo in rent and nets $72/mo after the $495/mo payment, a 9.61% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,391 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,013/yr in principal paydown, total projected return reaches $46,921.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.5% |
| Monthly Cash Flow | $72 | $550 |
City averages based on Pratt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $881 |
| Total Monthly Debt Service | $765 |
| DSCR Ratio | 1.15x |
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 1943
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
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 1943
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67124, Pratt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,258 (60.4%) |
| Renter Occupied HU | 905 (24.2%) |
| Vacant Housing Units | 573 (15.3%) |
| Median Home Value | $125,806 |
| Average Home Value | $176,372 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
3,260
Multi-Family
132
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jody Little • Carr Auction & Real Estate - Pratt
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52280
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.