306 E 1st StNew CambriaKS67470
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 306 E 1st St, New Cambria, KS, 67470 in New Cambria worth modelling. At $164,900 with a 8.6% gross yield, the $1,182/mo rent leaves $85/mo after the $741/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.60 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $45,559 by year five; $1,519/yr in principal reduction adds further equity. Total projected return: $68,405.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $85 | $350 |
City averages based on New Cambria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,182 |
| Total Monthly Debt Service | $1,031 |
| DSCR Ratio | 1.15x |
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 1930
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67470, New Cambria, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 155 (72.8%) |
| Renter Occupied HU | 38 (17.8%) |
| Vacant Housing Units | 20 ( 9.4%) |
| Median Home Value | $342,000 |
| Average Home Value | $341,581 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
10
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 1930
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67470, New Cambria, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 155 (72.8%) |
| Renter Occupied HU | 38 (17.8%) |
| Vacant Housing Units | 20 ( 9.4%) |
| Median Home Value | $342,000 |
| Average Home Value | $341,581 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Rank • SalinaHomes
Mls Name: SCKMLS
Mls ID: #651868
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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.