112 N Sherman StAndaleKS67001
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing112 N Sherman St, Andale, KS, 67001 in Andale is a stable, well-positioned rental at $380,000. Rental yield 6.73%. DSCR 1.25 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $104,987 in value and $3,500/yr in principal paydown builds equity, a total projected return of $119,298.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(397) | $500 |
City averages based on Andale 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 | $2,131 |
| Total Monthly Debt Service | $2,377 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67001, Andale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 574 (87.4%) |
| Renter Occupied HU | 53 ( 8.1%) |
| Vacant Housing Units | 30 ( 4.6%) |
| Median Home Value | $391,608 |
| Average Home Value | $414,578 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
45
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 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67001, Andale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 574 (87.4%) |
| Renter Occupied HU | 53 ( 8.1%) |
| Vacant Housing Units | 30 ( 4.6%) |
| Median Home Value | $391,608 |
| Average Home Value | $414,578 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices