217 E Kansas StGlen ElderKS67446
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow217 E Kansas St, Glen Elder, KS, 67446 in Glen Elder is a solid income-producing rental, 10.74% gross yield, $1,208/mo rent, $310/mo net cash flow on a $135,000 buy. DSCR 1.99 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $37,298 and $1,243/yr in principal reduction project a total cumulative return of $71,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 8.5% |
| Monthly Cash Flow | $310 | $350 |
City averages based on Glen Elder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,208 |
| Total Monthly Debt Service | $844 |
| DSCR Ratio | 1.43x |
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 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67446, Glen Elder, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 178 (59.1%) |
| Renter Occupied HU | 58 (19.3%) |
| Vacant Housing Units | 65 (21.6%) |
| Median Home Value | $107,143 |
| Average Home Value | $144,944 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
27
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 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67446, Glen Elder, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 178 (59.1%) |
| Renter Occupied HU | 58 (19.3%) |
| Vacant Housing Units | 65 (21.6%) |
| Median Home Value | $107,143 |
| Average Home Value | $144,944 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Monty • Hansen Auction & Realty
Mls Name: My State MLS
Mls ID: #11619510