209 E 3rd StMulberryKS66756
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 209 E 3rd St, Mulberry, KS, 66756 in Mulberry is priced for capital growth, not immediate cash flow. The $125,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $34,535 by year five, with $1,151/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Mulberry market data in our database. Property projections are estimates.
Single Family
Built in 1930
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66756, Mulberry, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 289 (67.8%) |
| Renter Occupied HU | 57 (13.4%) |
| Vacant Housing Units | 80 (18.8%) |
| Median Home Value | $155,921 |
| Average Home Value | $187,881 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
343
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1930
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66756, Mulberry, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 289 (67.8%) |
| Renter Occupied HU | 57 (13.4%) |
| Vacant Housing Units | 80 (18.8%) |
| Median Home Value | $155,921 |
| Average Home Value | $187,881 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
343
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Monica Angeles • Monica & Co. Realtors
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2542907
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-24 12:57:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604