1257 E Park Glen CtClearwaterKS67026
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1257 E Park Glen Ct, Clearwater, KS, 67026 in Clearwater is a solid income-producing rental, 9.05% gross yield, $1,772/mo rent, $209/mo net cash flow on a $235,000 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $64,926 and $2,164/yr in principal reduction project a total cumulative return of $102,992.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $209 | $250 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,772 |
| Total Monthly Debt Service | $1,470 |
| DSCR Ratio | 1.21x |
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 2022
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67026, Clearwater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,918 (100%) |
| Owner Occupied HU | 1,486 (77.5%) |
| Renter Occupied HU | 327 (17.0%) |
| Vacant Housing Units | 105 ( 5.5%) |
| Median Home Value | $305,185 |
| Average Home Value | $331,248 |
Housing Distribution
Address Breakdown
Residential
1,833
Single Family
1,681
Multi-Family
152
Businesses
118
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 2022
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67026, Clearwater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,918 (100%) |
| Owner Occupied HU | 1,486 (77.5%) |
| Renter Occupied HU | 327 (17.0%) |
| Vacant Housing Units | 105 ( 5.5%) |
| Median Home Value | $305,185 |
| Average Home Value | $331,248 |
Housing Distribution
Address Breakdown
Residential
1,833
Single Family
1,681
Multi-Family
152
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Carlson • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #651421