1612 Main StOsawatomieKS66064
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Osawatomie rental at 1612 Main St, Osawatomie, KS, 66064 sits in the solid-income band: 9.67% gross yield, $1,507/mo rent, $263/mo net after the $841/mo debt service, DSCR 1.79. Entry price of $187,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $51,665 and $1,722/yr in principal reduction bring total cumulative return to $88,238.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 8.0% |
| Monthly Cash Flow | $263 | $350 |
City averages based on Osawatomie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,507 |
| Total Monthly Debt Service | $1,170 |
| DSCR Ratio | 1.29x |
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 1952
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66064, Osawatomie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 1,436 (56.8%) |
| Renter Occupied HU | 779 (30.8%) |
| Vacant Housing Units | 313 (12.4%) |
| Median Home Value | $155,667 |
| Average Home Value | $205,317 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,257
Multi-Family
53
Businesses
147
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 1952
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66064, Osawatomie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 1,436 (56.8%) |
| Renter Occupied HU | 779 (30.8%) |
| Vacant Housing Units | 313 (12.4%) |
| Median Home Value | $155,667 |
| Average Home Value | $205,317 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,257
Multi-Family
53
Businesses
147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Hubbard • RE/MAX Connections
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2585446