15993 S Docking RdBurlingameKS66413
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 15993 S Docking Rd, Burlingame, KS, 66413 in Burlingame. Rental yield 0.59%. At $1,500,117 with 0.59% gross yield, current distributions are modest, but the 5% appreciation rate projects $414,455 in new equity by year five, complemented by $13,816/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.11) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.6% | 7.0% |
| Monthly Cash Flow | $(9,238) | $400 |
City averages based on Burlingame market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $742 |
| Total Monthly Debt Service | $9,383 |
| DSCR Ratio | 0.08x |
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 1988
315 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66413, Burlingame, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 581 (68.5%) |
| Renter Occupied HU | 183 (21.6%) |
| Vacant Housing Units | 84 ( 9.9%) |
| Median Home Value | $130,523 |
| Average Home Value | $176,308 |
Housing Distribution
Address Breakdown
Residential
808
Single Family
805
Multi-Family
3
Businesses
51
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 1988
315 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66413, Burlingame, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 581 (68.5%) |
| Renter Occupied HU | 183 (21.6%) |
| Vacant Housing Units | 84 ( 9.9%) |
| Median Home Value | $130,523 |
| Average Home Value | $176,308 |
Housing Distribution
Address Breakdown
Residential
808
Single Family
805
Multi-Family
3
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Doudican • Midwest Land Group
Mls Name: Sunflower AOR
Mls ID: #237847