20006 600th RdNeodeshaKS66757
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 20006 600th Rd, Neodesha, KS, 66757 in Neodesha. Priced at $141,200, it generates $1,511/mo in gross rent and $571/mo in net monthly cash flow, a 12.84% yield that comfortably supports the 2.38 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,857. Five-year appreciation: $39,011. Equity from principal paydown: $1,300/yr. Total projected cumulative return: $90,622.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 8.0% |
| Monthly Cash Flow | $571 | $350 |
City averages based on Neodesha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,511 |
| Total Monthly Debt Service | $883 |
| DSCR Ratio | 1.71x |
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 1900
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66757, Neodesha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 916 (56.5%) |
| Renter Occupied HU | 442 (27.3%) |
| Vacant Housing Units | 263 (16.2%) |
| Median Home Value | $113,636 |
| Average Home Value | $156,174 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,387
Multi-Family
7
Businesses
142
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 1900
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66757, Neodesha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 916 (56.5%) |
| Renter Occupied HU | 442 (27.3%) |
| Vacant Housing Units | 263 (16.2%) |
| Median Home Value | $113,636 |
| Average Home Value | $156,174 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,387
Multi-Family
7
Businesses
142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices