115 E 2nd StMolineKS67353
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 115 E 2nd St, Moline, KS, 67353 in Moline is listed at $129,000 and delivers $1,223/mo in rent and $365/mo in net monthly cash flow. The 11.37% yield and 2.11 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $35,640 over five years, and $1,188/yr in principal reduction supplements cash return. Total projected cumulative return: $72,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.3% |
| Monthly Cash Flow | $365 | $450 |
City averages based on Moline 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 | $1,223 |
| Total Monthly Debt Service | $807 |
| DSCR Ratio | 1.52x |
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 1802
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67353, Moline, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 285 (100%) |
| Owner Occupied HU | 188 (66.0%) |
| Renter Occupied HU | 30 (10.5%) |
| Vacant Housing Units | 67 (23.5%) |
| Median Home Value | $91,111 |
| Average Home Value | $172,274 |
Housing Distribution
Address Breakdown
Residential
197
Single Family
197
Multi-Family
0
Businesses
30
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 1802
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67353, Moline, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 285 (100%) |
| Owner Occupied HU | 188 (66.0%) |
| Renter Occupied HU | 30 (10.5%) |
| Vacant Housing Units | 67 (23.5%) |
| Median Home Value | $91,111 |
| Average Home Value | $172,274 |
Housing Distribution
Address Breakdown
Residential
197
Single Family
197
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices