360 N Wichita StBentonKS67017
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 360 N Wichita St, Benton, KS, 67017 in Benton. Priced at $275,000, it generates $2,416/mo in gross rent and $586/mo in net monthly cash flow, a 10.54% yield that comfortably supports the 1.95 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,033. Five-year appreciation: $75,977. Equity from principal paydown: $2,533/yr. Total projected cumulative return: $142,575.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.2% |
| Monthly Cash Flow | $586 | $400 |
City averages based on Benton 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 | $2,416 |
| Total Monthly Debt Service | $1,720 |
| DSCR Ratio | 1.40x |
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 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67017, Benton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,013 (100%) |
| Owner Occupied HU | 774 (76.4%) |
| Renter Occupied HU | 167 (16.5%) |
| Vacant Housing Units | 72 ( 7.1%) |
| Median Home Value | $307,042 |
| Average Home Value | $338,501 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
746
Multi-Family
0
Businesses
53
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 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67017, Benton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,013 (100%) |
| Owner Occupied HU | 774 (76.4%) |
| Renter Occupied HU | 167 (16.5%) |
| Vacant Housing Units | 72 ( 7.1%) |
| Median Home Value | $307,042 |
| Average Home Value | $338,501 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
746
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices