214 N Park StNess CityKS67560
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing214 N Park St, Ness City, KS, 67560 in Ness City is a stable, well-positioned rental at $186,100. Rental yield 6.6%. DSCR 1.22 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $51,416 in value and $1,714/yr in principal paydown builds equity, a total projected return of $57,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(214) | $450 |
City averages based on Ness City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,024 |
| Total Monthly Debt Service | $1,164 |
| DSCR Ratio | 0.88x |
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 1980
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67560, Ness City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 571 (66.5%) |
| Renter Occupied HU | 147 (17.1%) |
| Vacant Housing Units | 141 (16.4%) |
| Median Home Value | $114,509 |
| Average Home Value | $159,046 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
637
Multi-Family
30
Businesses
122
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 1980
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67560, Ness City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 571 (66.5%) |
| Renter Occupied HU | 147 (17.1%) |
| Vacant Housing Units | 141 (16.4%) |
| Median Home Value | $114,509 |
| Average Home Value | $159,046 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
637
Multi-Family
30
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices