118 N Main StBarnesKS66933
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 118 N Main St, Barnes, KS, 66933 in Barnes is priced for capital growth, not immediate cash flow. The $129,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $35,889 by year five, with $1,196/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Barnes market data in our database. Property projections are estimates.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66933, Barnes, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 103 (64.8%) |
| Renter Occupied HU | 35 (22.0%) |
| Vacant Housing Units | 21 (13.2%) |
| Median Home Value | $128,125 |
| Average Home Value | $160,024 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
95
Multi-Family
0
Businesses
12
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 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66933, Barnes, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 103 (64.8%) |
| Renter Occupied HU | 35 (22.0%) |
| Vacant Housing Units | 21 (13.2%) |
| Median Home Value | $128,125 |
| Average Home Value | $160,024 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
95
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices