2304 O StBellevilleKS66935
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2304 O St, Belleville, KS, 66935 in Belleville is narrow, $117/mo net on $1,715/mo rent after the $1,156/mo debt service, but the property operates at break-even-plus, not a loss. At $257,000 with a 8.53% yield, the long-run equity case via 5% appreciation ($71,004 over five years) and $2,367/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.48 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $98,324.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $117 | $300 |
City averages based on Belleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,715 |
| Total Monthly Debt Service | $1,608 |
| DSCR Ratio | 1.07x |
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 1973
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66935, Belleville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,451 (100%) |
| Owner Occupied HU | 827 (57.0%) |
| Renter Occupied HU | 305 (21.0%) |
| Vacant Housing Units | 319 (22.0%) |
| Median Home Value | $97,444 |
| Average Home Value | $151,146 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,142
Multi-Family
45
Businesses
180
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 1973
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66935, Belleville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,451 (100%) |
| Owner Occupied HU | 827 (57.0%) |
| Renter Occupied HU | 305 (21.0%) |
| Vacant Housing Units | 319 (22.0%) |
| Median Home Value | $97,444 |
| Average Home Value | $151,146 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,142
Multi-Family
45
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Warne • Warne Real Estate
Mls Name: My State MLS
Mls ID: #11510769