405 S Commercial StPlainvilleKS67663
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Plainville rental at 405 S Commercial St, Plainville, KS, 67663 sits in the solid-income band: 9.8% gross yield, $1,380/mo rent, $256/mo net after the $760/mo debt service, DSCR 1.82. Entry price of $169,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $46,692 and $1,557/yr in principal reduction bring total cumulative return to $80,875.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $256 | $250 |
City averages based on Plainville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,380 |
| Total Monthly Debt Service | $1,057 |
| DSCR Ratio | 1.31x |
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 1948
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67663, Plainville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,243 (100%) |
| Owner Occupied HU | 781 (62.8%) |
| Renter Occupied HU | 263 (21.2%) |
| Vacant Housing Units | 199 (16.0%) |
| Median Home Value | $120,991 |
| Average Home Value | $157,785 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,064
Multi-Family
13
Businesses
132
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 1948
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67663, Plainville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,243 (100%) |
| Owner Occupied HU | 781 (62.8%) |
| Renter Occupied HU | 263 (21.2%) |
| Vacant Housing Units | 199 (16.0%) |
| Median Home Value | $120,991 |
| Average Home Value | $157,785 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,064
Multi-Family
13
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A