427 N Marshall StCheneyKS67025
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 427 N Marshall St, Cheney, KS, 67025 in Cheney is a conservative rental investment at $212,500. Rental yield 6.27%. A 1.16 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $58,710; $1,957/yr in principal paydown supplements. Total projected return: $61,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.5% |
| Monthly Cash Flow | $(304) | $150 |
City averages based on Cheney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,110 |
| Total Monthly Debt Service | $1,329 |
| DSCR Ratio | 0.84x |
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 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67025, Cheney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,188 (73.2%) |
| Renter Occupied HU | 319 (19.7%) |
| Vacant Housing Units | 115 ( 7.1%) |
| Median Home Value | $271,123 |
| Average Home Value | $299,548 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
86
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 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67025, Cheney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,188 (73.2%) |
| Renter Occupied HU | 319 (19.7%) |
| Vacant Housing Units | 115 ( 7.1%) |
| Median Home Value | $271,123 |
| Average Home Value | $299,548 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dwane Clifford • Real Broker, LLC
Mls Name: SCKMLS
Mls ID: #647650
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.