109 E 5th StSolomonKS67480
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 109 E 5th St, Solomon, KS, 67480 in Solomon worth modelling. At $139,500 with a 9.29% gross yield, the $1,080/mo rent leaves $152/mo after the $627/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.72 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $38,541 by year five; $1,285/yr in principal reduction adds further equity. Total projected return: $62,980.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $152 | $550 |
City averages based on Solomon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $873 |
| DSCR Ratio | 1.24x |
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 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67480, Solomon, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 524 (73.1%) |
| Renter Occupied HU | 134 (18.7%) |
| Vacant Housing Units | 59 ( 8.2%) |
| Median Home Value | $180,488 |
| Average Home Value | $229,461 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
604
Multi-Family
15
Businesses
38
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 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67480, Solomon, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 524 (73.1%) |
| Renter Occupied HU | 134 (18.7%) |
| Vacant Housing Units | 59 ( 8.2%) |
| Median Home Value | $180,488 |
| Average Home Value | $229,461 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
604
Multi-Family
15
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices