2140 Phillips RdPerryKS66073
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2140 Phillips Rd, Perry, KS, 66073 in Perry at $575,000, 1.24% gross yield, is a market-growth asset. Rental yield 1.24%. The $594/mo rent partially funds the $2,586/mo debt service; the core return is the 5%/yr price growth projected to add $158,862 over five years. Ziffy Mortgage's DSCR mortgage (0.23) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $11,227.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.2% | 6.0% |
| Monthly Cash Flow | $(3,231) | $850 |
City averages based on Perry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $594 |
| Total Monthly Debt Service | $3,597 |
| DSCR Ratio | 0.17x |
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 1981
16.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66073, Perry, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 740 (77.2%) |
| Renter Occupied HU | 164 (17.1%) |
| Vacant Housing Units | 55 ( 5.7%) |
| Median Home Value | $221,918 |
| Average Home Value | $255,639 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
778
Multi-Family
3
Businesses
53
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 1981
16.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66073, Perry, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 740 (77.2%) |
| Renter Occupied HU | 164 (17.1%) |
| Vacant Housing Units | 55 ( 5.7%) |
| Median Home Value | $221,918 |
| Average Home Value | $255,639 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
778
Multi-Family
3
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices