23371 1200th RdThayerKS66776
INVESTMENT ANALYSIS
Investment Verdict
Solid Income23371 1200th Rd, Thayer, KS, 66776 in Thayer is a solid income-producing rental, 9.69% gross yield, $1,267/mo rent, $223/mo net cash flow on a $157,000 buy. DSCR 1.79 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $43,376 and $1,446/yr in principal reduction project a total cumulative return of $74,163.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.0% |
| Monthly Cash Flow | $223 | $250 |
City averages based on Thayer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,267 |
| Total Monthly Debt Service | $982 |
| DSCR Ratio | 1.29x |
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 1910
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66776, Thayer, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 385 (72.1%) |
| Renter Occupied HU | 96 (18.0%) |
| Vacant Housing Units | 53 ( 9.9%) |
| Median Home Value | $131,686 |
| Average Home Value | $177,935 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
24
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 1910
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66776, Thayer, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 385 (72.1%) |
| Renter Occupied HU | 96 (18.0%) |
| Vacant Housing Units | 53 ( 9.9%) |
| Median Home Value | $131,686 |
| Average Home Value | $177,935 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices