390 Ash StGrainfieldKS67737
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 390 Ash St, Grainfield, KS, 67737 in Grainfield is priced for capital growth, not immediate cash flow. The $265,499 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $73,352 by year five, with $2,445/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 9.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Grainfield market data in our database. Property projections are estimates.
Multi Family
Built in 2018
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67737, Grainfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 140 (67.6%) |
| Renter Occupied HU | 33 (15.9%) |
| Vacant Housing Units | 34 (16.4%) |
| Median Home Value | $125,000 |
| Average Home Value | $198,554 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 2018
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67737, Grainfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 140 (67.6%) |
| Renter Occupied HU | 33 (15.9%) |
| Vacant Housing Units | 34 (16.4%) |
| Median Home Value | $125,000 |
| Average Home Value | $198,554 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Western Kansas AOR
Mls ID: #206183