1342 S 3rd St ELouisburgKS66053
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 1342 S 3rd St E, Louisburg, KS, 66053 in Louisburg aligned with their strategy. Rental yield 7.3%. DSCR 1.35 and 7.3% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $2,717/yr in paydown build toward a projected cumulative return of $101,622.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 8.3% |
| Monthly Cash Flow | $(169) | $350 |
City averages based on Louisburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $1,845 |
| DSCR Ratio | 0.97x |
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 2015
2,208 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66053, Louisburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,360 (100%) |
| Owner Occupied HU | 2,561 (76.2%) |
| Renter Occupied HU | 639 (19.0%) |
| Vacant Housing Units | 160 ( 4.8%) |
| Median Home Value | $319,735 |
| Average Home Value | $387,760 |
Housing Distribution
Address Breakdown
Residential
3,126
Single Family
3,126
Multi-Family
0
Businesses
259
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 2015
2,208 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66053, Louisburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,360 (100%) |
| Owner Occupied HU | 2,561 (76.2%) |
| Renter Occupied HU | 639 (19.0%) |
| Vacant Housing Units | 160 ( 4.8%) |
| Median Home Value | $319,735 |
| Average Home Value | $387,760 |
Housing Distribution
Address Breakdown
Residential
3,126
Single Family
3,126
Multi-Family
0
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices