33757 S Davis RdReadingKS66868
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Reading at 33757 S Davis Rd, Reading, KS, 66868 projects strong ROI of -3.38%. Rental yield 0.63%. With 5% annual appreciation, the property builds $635,448 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.6% | 6.0% |
| Monthly Cash Flow | $(14,095) | $450 |
City averages based on Reading market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,206 |
| Total Monthly Debt Service | $14,386 |
| DSCR Ratio | 0.08x |
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 N/A
448 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66868, Reading, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 257 (79.8%) |
| Renter Occupied HU | 37 (11.5%) |
| Vacant Housing Units | 28 ( 8.7%) |
| Median Home Value | $255,078 |
| Average Home Value | $289,893 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 N/A
448 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66868, Reading, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 257 (79.8%) |
| Renter Occupied HU | 37 (11.5%) |
| Vacant Housing Units | 28 ( 8.7%) |
| Median Home Value | $255,078 |
| Average Home Value | $289,893 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.