3993 SE State Highway K2KiowaKS67070
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder3993 SE State Highway K2, Kiowa, KS, 67070 in Kiowa is a stable, well-positioned rental at $263,000. Rental yield 7.76%. DSCR 1.44 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $72,662 in value and $2,422/yr in principal paydown builds equity, a total projected return of $97,186.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 8.0% |
| Monthly Cash Flow | $(48) | $400 |
City averages based on Kiowa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,702 |
| Total Monthly Debt Service | $1,645 |
| DSCR Ratio | 1.03x |
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 2005
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67070, Kiowa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 345 (56.4%) |
| Renter Occupied HU | 81 (13.2%) |
| Vacant Housing Units | 186 (30.4%) |
| Median Home Value | $171,711 |
| Average Home Value | $186,942 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
464
Multi-Family
0
Businesses
69
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 2005
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67070, Kiowa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 345 (56.4%) |
| Renter Occupied HU | 81 (13.2%) |
| Vacant Housing Units | 186 (30.4%) |
| Median Home Value | $171,711 |
| Average Home Value | $186,942 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
464
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices