406 S 6th StOsage CityKS66523
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder406 S 6th St, Osage City, KS, 66523 in Osage City is a stable, well-positioned rental at $540,000. Rental yield 7.45%. DSCR 1.38 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $149,192 in value and $4,973/yr in principal paydown builds equity, a total projected return of $190,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 8.0% |
| Monthly Cash Flow | $(240) | $650 |
City averages based on Osage City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,353 |
| Total Monthly Debt Service | $3,378 |
| DSCR Ratio | 0.99x |
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 2024
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66523, Osage City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,738 (100%) |
| Owner Occupied HU | 1,062 (61.1%) |
| Renter Occupied HU | 488 (28.1%) |
| Vacant Housing Units | 188 (10.8%) |
| Median Home Value | $155,303 |
| Average Home Value | $187,794 |
Housing Distribution
Address Breakdown
Residential
1,667
Single Family
1,602
Multi-Family
65
Businesses
140
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 2024
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66523, Osage City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,738 (100%) |
| Owner Occupied HU | 1,062 (61.1%) |
| Renter Occupied HU | 488 (28.1%) |
| Vacant Housing Units | 188 (10.8%) |
| Median Home Value | $155,303 |
| Average Home Value | $187,794 |
Housing Distribution
Address Breakdown
Residential
1,667
Single Family
1,602
Multi-Family
65
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amie Lohmeyer • Liberty Real Estate LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #237367
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.