302 E 7th AveBelle PlaineKS67013
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 302 E 7th Ave, Belle Plaine, KS, 67013 in Belle Plaine. Rental yield 7.05%. The 1.31 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $50,361 and $1,679/yr in principal reduction project total return of $60,444.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.0% |
| Monthly Cash Flow | $(141) | $250 |
City averages based on Belle Plaine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,072 |
| Total Monthly Debt Service | $1,140 |
| DSCR Ratio | 0.94x |
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 1945
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67013, Belle Plaine, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 917 (71.1%) |
| Renter Occupied HU | 219 (17.0%) |
| Vacant Housing Units | 154 (11.9%) |
| Median Home Value | $158,836 |
| Average Home Value | $191,987 |
Housing Distribution
Address Breakdown
Residential
957
Single Family
956
Multi-Family
1
Businesses
55
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 1945
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67013, Belle Plaine, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 917 (71.1%) |
| Renter Occupied HU | 219 (17.0%) |
| Vacant Housing Units | 154 (11.9%) |
| Median Home Value | $158,836 |
| Average Home Value | $191,987 |
Housing Distribution
Address Breakdown
Residential
957
Single Family
956
Multi-Family
1
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clint Helm • Reece Nichols South Central Kansas
Mls Name: SCKMLS
Mls ID: #667130