17841 SE Wabaunsee RdKincaidKS66039
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 17841 SE Wabaunsee Rd, Kincaid, KS, 66039 in Kincaid is narrow, $148/mo net on $1,125/mo rent after the $696/mo debt service, but the property operates at break-even-plus, not a loss. At $146,900 with a 9.19% yield, the long-run equity case via 5% appreciation ($40,586 over five years) and $1,231/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.62 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $62,769.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.5% |
| Monthly Cash Flow | $148 | $600 |
City averages based on Kincaid market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,125 |
| Total Monthly Debt Service | $955 |
| DSCR Ratio | 1.18x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
17.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66039, Kincaid, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 197 (68.4%) |
| Renter Occupied HU | 29 (10.1%) |
| Vacant Housing Units | 62 (21.5%) |
| Median Home Value | $146,711 |
| Average Home Value | $165,596 |
Housing Distribution
Address Breakdown
Residential
211
Single Family
211
Multi-Family
0
Businesses
12
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
