1299 E Us Highway 160ArgoniaKS67004
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1299 E Us Highway 160, Argonia, KS, 67004 in Argonia at $1,400,000, 0.38% gross yield, is a market-growth asset. Rental yield 0.38%. The $438/mo rent partially funds the $6,295/mo debt service; the core return is the 5%/yr price growth projected to add $386,794 over five years. Ziffy Mortgage's DSCR mortgage (0.07) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.4% | 6.0% |
| Monthly Cash Flow | $(8,876) | $300 |
City averages based on Argonia 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 | $438 |
| Total Monthly Debt Service | $8,757 |
| DSCR Ratio | 0.05x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
181.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67004, Argonia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 246 (64.2%) |
| Renter Occupied HU | 67 (17.5%) |
| Vacant Housing Units | 70 (18.3%) |
| Median Home Value | $125,000 |
| Average Home Value | $156,189 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
24
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 N/A
181.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67004, Argonia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 246 (64.2%) |
| Renter Occupied HU | 67 (17.5%) |
| Vacant Housing Units | 70 (18.3%) |
| Median Home Value | $125,000 |
| Average Home Value | $156,189 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices