301 S Magnolia AveColumbusKS66725
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 301 S Magnolia Ave, Columbus, KS, 66725 in Columbus. Rental yield 5.84%. At $185,000 with 5.84% gross yield, current distributions are modest, but the 5% appreciation rate projects $51,112 in new equity by year five, complemented by $1,704/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.08) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $49,241.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 7.2% |
| Monthly Cash Flow | $(331) | $300 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $1,157 |
| DSCR Ratio | 0.78x |
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 2009
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66725, Columbus, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,444 (100%) |
| Owner Occupied HU | 1,555 (63.6%) |
| Renter Occupied HU | 552 (22.6%) |
| Vacant Housing Units | 337 (13.8%) |
| Median Home Value | $123,670 |
| Average Home Value | $181,730 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,291
Multi-Family
0
Businesses
233
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 2009
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66725, Columbus, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,444 (100%) |
| Owner Occupied HU | 1,555 (63.6%) |
| Renter Occupied HU | 552 (22.6%) |
| Vacant Housing Units | 337 (13.8%) |
| Median Home Value | $123,670 |
| Average Home Value | $181,730 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,291
Multi-Family
0
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikki Burton • Jones Heritage Realtors
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #253713
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.