16630 Rooks RdErieKS66733
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow16630 Rooks Rd, Erie, KS, 66733 in Erie is a top-tier cash-flow asset. At $151,810 it produces $2,405/mo in rent and $1,395/mo in net monthly income, a 19.01% gross rental yield. The DSCR of 3.52 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $16,738. Five-year appreciation adds $41,942, driving a total cumulative return of $147,662.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19% | 6.8% |
| Monthly Cash Flow | $1,395 | $350 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,405 |
| Total Monthly Debt Service | $950 |
| DSCR Ratio | 2.53x |
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 2011
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66733, Erie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 660 (69.4%) |
| Renter Occupied HU | 164 (17.2%) |
| Vacant Housing Units | 127 (13.4%) |
| Median Home Value | $151,190 |
| Average Home Value | $181,617 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
820
Multi-Family
15
Businesses
97
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 2011
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66733, Erie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 660 (69.4%) |
| Renter Occupied HU | 164 (17.2%) |
| Vacant Housing Units | 127 (13.4%) |
| Median Home Value | $151,190 |
| Average Home Value | $181,617 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
820
Multi-Family
15
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices