414 Junction AveWakeeneyKS67672
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 414 Junction Ave, Wakeeney, KS, 67672 in Wakeeney: $1,294/mo in rent, $223/mo in net income, 9.65% gross yield, 1.79 DSCR, all at $160,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $44,454 in appreciation and $1,482/yr in principal paydown projects total cumulative return of $75,743.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.2% |
| Monthly Cash Flow | $223 | $350 |
City averages based on Wakeeney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,294 |
| Total Monthly Debt Service | $1,006 |
| DSCR Ratio | 1.29x |
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 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67672, Wa Keeney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 779 (64.8%) |
| Renter Occupied HU | 238 (19.8%) |
| Vacant Housing Units | 186 (15.5%) |
| Median Home Value | $126,677 |
| Average Home Value | $150,164 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
975
Multi-Family
60
Businesses
166
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 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67672, Wa Keeney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 779 (64.8%) |
| Renter Occupied HU | 238 (19.8%) |
| Vacant Housing Units | 186 (15.5%) |
| Median Home Value | $126,677 |
| Average Home Value | $150,164 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
975
Multi-Family
60
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices