301 N Moody AveSpearvilleKS67876
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Spearville rental at 301 N Moody Ave, Spearville, KS, 67876 sits in the solid-income band: 10.59% gross yield, $1,368/mo rent, $337/mo net after the $697/mo debt service, DSCR 1.96. Entry price of $155,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $42,824 and $1,428/yr in principal reduction bring total cumulative return to $80,790.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $337 | $250 |
City averages based on Spearville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,368 |
| Total Monthly Debt Service | $970 |
| DSCR Ratio | 1.41x |
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 1966
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67876, Spearville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 370 (73.7%) |
| Renter Occupied HU | 90 (17.9%) |
| Vacant Housing Units | 42 ( 8.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $290,919 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
320
Multi-Family
4
Businesses
43
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 1966
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67876, Spearville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 370 (73.7%) |
| Renter Occupied HU | 90 (17.9%) |
| Vacant Housing Units | 42 ( 8.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $290,919 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
320
Multi-Family
4
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jolee Chris Coles • Re/max Villa
Mls Name: Dodge City BOR
Mls ID: #15109