1510 Broadway AveParsonsKS67357
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1510 Broadway Ave, Parsons, KS, 67357 in Parsons is a top-tier cash-flow asset. At $134,200 it produces $1,978/mo in rent and $1,085/mo in net monthly income, a 17.68% gross rental yield. The DSCR of 3.28 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $13,017. Five-year appreciation adds $37,077, driving a total cumulative return of $121,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.7% | 9.0% |
| Monthly Cash Flow | $1,085 | $150 |
City averages based on Parsons market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,978 |
| Total Monthly Debt Service | $839 |
| DSCR Ratio | 2.36x |
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 1902
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67357, Parsons, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,731 (100%) |
| Owner Occupied HU | 3,140 (54.8%) |
| Renter Occupied HU | 1,731 (30.2%) |
| Vacant Housing Units | 860 (15.0%) |
| Median Home Value | $149,849 |
| Average Home Value | $169,497 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,063
Multi-Family
234
Businesses
483
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 1902
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67357, Parsons, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,731 (100%) |
| Owner Occupied HU | 3,140 (54.8%) |
| Renter Occupied HU | 1,731 (30.2%) |
| Vacant Housing Units | 860 (15.0%) |
| Median Home Value | $149,849 |
| Average Home Value | $169,497 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,063
Multi-Family
234
Businesses
483
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices