310 Wick StCourtlandKS66939
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 310 Wick St, Courtland, KS, 66939 in Courtland, $139,500, 9.2% gross yield, $142/mo net income. Consider it a market-entry position, the $1,070/mo rent covers the $627/mo payment with a margin, and 5%/yr appreciation is projected to add $38,541 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.71) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $62,332.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $142 | $200 |
City averages based on Courtland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,070 |
| Total Monthly Debt Service | $873 |
| DSCR Ratio | 1.23x |
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 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66939, Courtland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 253 (100%) |
| Owner Occupied HU | 164 (64.8%) |
| Renter Occupied HU | 36 (14.2%) |
| Vacant Housing Units | 53 (20.9%) |
| Median Home Value | $123,438 |
| Average Home Value | $186,067 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
38
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 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66939, Courtland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 253 (100%) |
| Owner Occupied HU | 164 (64.8%) |
| Renter Occupied HU | 36 (14.2%) |
| Vacant Housing Units | 53 (20.9%) |
| Median Home Value | $123,438 |
| Average Home Value | $186,067 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices