3 Eastridge DrArkansas CityKS67005
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder3 Eastridge Dr, Arkansas City, KS, 67005 in Arkansas City is a stable, well-positioned rental at $264,900. Rental yield 7.4%. DSCR 1.37 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $73,187 in value and $2,440/yr in principal paydown builds equity, a total projected return of $92,710.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.0% |
| Monthly Cash Flow | $(129) | $250 |
City averages based on Arkansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,633 |
| Total Monthly Debt Service | $1,657 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1955
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67005, Arkansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,156 (100%) |
| Owner Occupied HU | 3,901 (54.5%) |
| Renter Occupied HU | 2,068 (28.9%) |
| Vacant Housing Units | 1,187 (16.6%) |
| Median Home Value | $105,551 |
| Average Home Value | $171,461 |
Housing Distribution
Address Breakdown
Residential
6,543
Single Family
6,198
Multi-Family
345
Businesses
518
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 1955
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67005, Arkansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,156 (100%) |
| Owner Occupied HU | 3,901 (54.5%) |
| Renter Occupied HU | 2,068 (28.9%) |
| Vacant Housing Units | 1,187 (16.6%) |
| Median Home Value | $105,551 |
| Average Home Value | $171,461 |
Housing Distribution
Address Breakdown
Residential
6,543
Single Family
6,198
Multi-Family
345
Businesses
518
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SCKMLS
Mls ID: #665690