1142 N 40th StWalnutKS66780
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1142 N 40th St, Walnut, KS, 66780 in Walnut speaks for itself: 10.51% gross on a $590,000 price, generating $5,168/mo in rent and $1,243/mo in net income after the $2,653/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,919 stacks alongside $163,006 in projected five-year appreciation and $5,434/yr in principal reduction. Projected total cumulative return: $304,897.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $1,243 | $450 |
City averages based on Walnut market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,168 |
| Total Monthly Debt Service | $3,690 |
| DSCR Ratio | 1.40x |
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 N/A
81.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66780, Walnut, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 159 (69.7%) |
| Renter Occupied HU | 45 (19.7%) |
| Vacant Housing Units | 24 (10.5%) |
| Median Home Value | $188,542 |
| Average Home Value | $261,132 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
16
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 N/A
81.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66780, Walnut, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 159 (69.7%) |
| Renter Occupied HU | 45 (19.7%) |
| Vacant Housing Units | 24 (10.5%) |
| Median Home Value | $188,542 |
| Average Home Value | $261,132 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices