121 W Oak StKensingtonKS66951
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 121 W Oak St, Kensington, KS, 66951 in Kensington at $184,500 earns $1,321/mo in rent and nets $94/mo after the $830/mo payment, a 8.59% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $50,974 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $1,699/yr in principal paydown, total projected return reaches $76,353.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.5% |
| Monthly Cash Flow | $94 | $1,200 |
City averages based on Kensington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,321 |
| Total Monthly Debt Service | $1,154 |
| DSCR Ratio | 1.14x |
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 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66951, Kensington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 364 (100%) |
| Owner Occupied HU | 241 (66.2%) |
| Renter Occupied HU | 43 (11.8%) |
| Vacant Housing Units | 80 (22.0%) |
| Median Home Value | $94,412 |
| Average Home Value | $148,527 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
215
Multi-Family
8
Businesses
28
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 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66951, Kensington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 364 (100%) |
| Owner Occupied HU | 241 (66.2%) |
| Renter Occupied HU | 43 (11.8%) |
| Vacant Housing Units | 80 (22.0%) |
| Median Home Value | $94,412 |
| Average Home Value | $148,527 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
215
Multi-Family
8
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Hindman • 4C Land & Auction, LLC
Mls Name: My State MLS
Mls ID: #11500167