122 W Walnut StTroyKS66087
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.47% yield at 122 W Walnut St, Troy, KS, 66087 in Troy is solid, but the $607/mo payment compresses net cash flow to $55/mo at $135,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $37,298 by year five, and $1,243/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.57) without U.S. income documentation. Total projected return: $55,022.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $55 | $450 |
City averages based on Troy 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 | $953 |
| Total Monthly Debt Service | $844 |
| DSCR Ratio | 1.13x |
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 1922
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66087, Troy, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 648 (68.9%) |
| Renter Occupied HU | 180 (19.1%) |
| Vacant Housing Units | 112 (11.9%) |
| Median Home Value | $135,000 |
| Average Home Value | $193,985 |
Housing Distribution
Address Breakdown
Residential
679
Single Family
679
Multi-Family
0
Businesses
80
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 1922
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66087, Troy, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 648 (68.9%) |
| Renter Occupied HU | 180 (19.1%) |
| Vacant Housing Units | 112 (11.9%) |
| Median Home Value | $135,000 |
| Average Home Value | $193,985 |
Housing Distribution
Address Breakdown
Residential
679
Single Family
679
Multi-Family
0
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices