217 S Ohio StMount HopeKS67108
INVESTMENT ANALYSIS
Investment Verdict
Solid Income217 S Ohio St, Mount Hope, KS, 67108 in Mount Hope earns a respectable 9.4% gross yield at $135,000, but after the $607/mo mortgage the net cash flow is $160/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.74) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $37,298 over five years, making equity the dominant return driver. Total projected return: $61,766.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.5% |
| Monthly Cash Flow | $160 | $400 |
City averages based on Mount Hope market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,058 |
| Total Monthly Debt Service | $844 |
| DSCR Ratio | 1.25x |
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 1893
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67108, Mount Hope, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 508 (75.6%) |
| Renter Occupied HU | 100 (14.9%) |
| Vacant Housing Units | 64 ( 9.5%) |
| Median Home Value | $260,219 |
| Average Home Value | $303,135 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
38
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 1893
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67108, Mount Hope, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 508 (75.6%) |
| Renter Occupied HU | 100 (14.9%) |
| Vacant Housing Units | 64 ( 9.5%) |
| Median Home Value | $260,219 |
| Average Home Value | $303,135 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53846