22015 W 101st St NMount HopeKS67108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.24% yield at 22015 W 101st St N, Mount Hope, KS, 67108 in Mount Hope is solid, but the $3,260/mo payment compresses net cash flow to $158/mo at $725,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $200,304 by year five, and $6,677/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.53) without U.S. income documentation. Total projected return: $286,563.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 9.5% |
| Monthly Cash Flow | $158 | $400 |
City averages based on Mount Hope market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,981 |
| Total Monthly Debt Service | $4,535 |
| DSCR Ratio | 1.10x |
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 2017
5 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 2017
5 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: Steve Myers • LPT Realty, LLC
Mls Name: SCKMLS
Mls ID: #665165