224 W Ash StKensingtonKS66951
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 224 W Ash St, Kensington, KS, 66951 in Kensington delivers $2,038/mo in gross rent and $374/mo in net monthly income at a $250,000 entry. The 9.78% yield and 1.81 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $69,070 over five years and $2,303/yr in equity from loan paydown, total projected return is $119,461.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.5% |
| Monthly Cash Flow | $374 | $1,200 |
City averages based on Kensington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,038 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.30x |
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 1997
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66951, Kensington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 364 (100%) |
| Owner Occupied HU | 241 (66.2%) |
| Renter Occupied HU | 43 (11.8%) |
| Vacant Housing Units | 80 (22.0%) |
| Median Home Value | $94,412 |
| Average Home Value | $148,527 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
215
Multi-Family
8
Businesses
28
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 1997
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66951, Kensington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 364 (100%) |
| Owner Occupied HU | 241 (66.2%) |
| Renter Occupied HU | 43 (11.8%) |
| Vacant Housing Units | 80 (22.0%) |
| Median Home Value | $94,412 |
| Average Home Value | $148,527 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
215
Multi-Family
8
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Keesee • Mid America Real Estate
Mls Name: My State MLS
Mls ID: #11548611