1078 W 45th St SMilanKS67105
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1078 W 45th St S, Milan, KS, 67105 in Milan. Priced at $104,690, it generates $1,315/mo in gross rent and $619/mo in net monthly cash flow, a 15.08% yield that comfortably supports the 2.79 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,425. Five-year appreciation: $28,924. Equity from principal paydown: $964/yr. Total projected cumulative return: $79,701.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.1% | 8.5% |
| Monthly Cash Flow | $619 | $350 |
City averages based on Milan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,315 |
| Total Monthly Debt Service | $655 |
| DSCR Ratio | 2.01x |
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 1920
603.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67105, Milan, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 104 (100%) |
| Owner Occupied HU | 64 (61.5%) |
| Renter Occupied HU | 12 (11.5%) |
| Vacant Housing Units | 28 (26.9%) |
| Median Home Value | $187,500 |
| Average Home Value | $203,203 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
1
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 1920
603.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67105, Milan, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 104 (100%) |
| Owner Occupied HU | 64 (61.5%) |
| Renter Occupied HU | 12 (11.5%) |
| Vacant Housing Units | 28 (26.9%) |
| Median Home Value | $187,500 |
| Average Home Value | $203,203 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices