1883 120thMarionKS66861
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing1883 120th, Marion, KS, 66861 in Marion is a stable, well-positioned rental at $329,900. Rental yield 6.41%. DSCR 1.19 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $91,145 in value and $3,038/yr in principal paydown builds equity, a total projected return of $98,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 8.5% |
| Monthly Cash Flow | $(432) | $350 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,763 |
| Total Monthly Debt Service | $2,064 |
| DSCR Ratio | 0.85x |
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 1878
18.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66861, Marion, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 1,065 (63.8%) |
| Renter Occupied HU | 322 (19.3%) |
| Vacant Housing Units | 283 (16.9%) |
| Median Home Value | $133,131 |
| Average Home Value | $185,035 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,407
Multi-Family
34
Businesses
158
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 1878
18.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66861, Marion, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 1,065 (63.8%) |
| Renter Occupied HU | 322 (19.3%) |
| Vacant Housing Units | 283 (16.9%) |
| Median Home Value | $133,131 |
| Average Home Value | $185,035 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,407
Multi-Family
34
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keith Zwickl Jr • ReeceNichols South Central Kansas
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53187
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.