201 W Vierthaler AveSpearvilleKS67876
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 201 W Vierthaler Ave, Spearville, KS, 67876 in Spearville is listed at $215,000 and delivers $1,890/mo in rent and $460/mo in net monthly cash flow. The 10.55% yield and 1.95 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $59,401 over five years, and $1,980/yr in principal reduction supplements cash return. Total projected cumulative return: $111,520.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $460 | $250 |
City averages based on Spearville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,890 |
| Total Monthly Debt Service | $1,345 |
| DSCR Ratio | 1.41x |
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 1939
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67876, Spearville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 370 (73.7%) |
| Renter Occupied HU | 90 (17.9%) |
| Vacant Housing Units | 42 ( 8.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $290,919 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
320
Multi-Family
4
Businesses
43
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 1939
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67876, Spearville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 370 (73.7%) |
| Renter Occupied HU | 90 (17.9%) |
| Vacant Housing Units | 42 ( 8.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $290,919 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
320
Multi-Family
4
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sybil R Pyle • Re/max Villa
Mls Name: Dodge City BOR
Mls ID: #15190