1395 & 1383 R LnOberlinKS67749
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1395 & 1383 R Ln, Oberlin, KS, 67749 in Oberlin. Rental yield 4.53%. At $679,000 with 4.53% gross yield, current distributions are modest, but the 5% appreciation rate projects $187,595 in new equity by year five, complemented by $6,254/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.84) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $133,206.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 9.0% |
| Monthly Cash Flow | $(1,953) | $250 |
City averages based on Oberlin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,564 |
| Total Monthly Debt Service | $4,247 |
| DSCR Ratio | 0.60x |
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 2019
37.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67749, Oberlin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 739 (59.2%) |
| Renter Occupied HU | 243 (19.5%) |
| Vacant Housing Units | 267 (21.4%) |
| Median Home Value | $79,847 |
| Average Home Value | $109,381 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 2019
37.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67749, Oberlin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 739 (59.2%) |
| Renter Occupied HU | 243 (19.5%) |
| Vacant Housing Units | 267 (21.4%) |
| Median Home Value | $79,847 |
| Average Home Value | $109,381 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.