16245 62nd StOskaloosaKS66066
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 16245 62nd St, Oskaloosa, KS, 66066 in Oskaloosa is capital appreciation. Rental yield 2.93%. The 2.93% gross yield at $700,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $193,397 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.54) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $77,222.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 7.0% |
| Monthly Cash Flow | $(2,947) | $350 |
City averages based on Oskaloosa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,710 |
| Total Monthly Debt Service | $4,378 |
| DSCR Ratio | 0.39x |
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 2005
30.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66066, Oskaloosa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 819 (73.4%) |
| Renter Occupied HU | 199 (17.8%) |
| Vacant Housing Units | 98 ( 8.8%) |
| Median Home Value | $224,543 |
| Average Home Value | $268,132 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
982
Multi-Family
0
Businesses
100
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 2005
30.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66066, Oskaloosa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 819 (73.4%) |
| Renter Occupied HU | 199 (17.8%) |
| Vacant Housing Units | 98 ( 8.8%) |
| Median Home Value | $224,543 |
| Average Home Value | $268,132 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
982
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices