429 Meadowlark DrMinneapolisKS67467
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 429 Meadowlark Dr, Minneapolis, KS, 67467 in Minneapolis offers a clean, manageable entry. Rental yield 7.52%. DSCR 1.39 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $106,368 in additional property value over five years, with $3,546/yr in principal equity building ownership stake. Total projected cumulative return: $137,212.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.0% |
| Monthly Cash Flow | $(149) | $250 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,412 |
| Total Monthly Debt Service | $2,408 |
| DSCR Ratio | 1.00x |
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 1979
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67467, Minneapolis, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 880 (65.7%) |
| Renter Occupied HU | 267 (19.9%) |
| Vacant Housing Units | 193 (14.4%) |
| Median Home Value | $228,814 |
| Average Home Value | $240,710 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,163
Multi-Family
30
Businesses
158
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 1979
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67467, Minneapolis, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 880 (65.7%) |
| Renter Occupied HU | 267 (19.9%) |
| Vacant Housing Units | 193 (14.4%) |
| Median Home Value | $228,814 |
| Average Home Value | $240,710 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,163
Multi-Family
30
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SCKMLS
Mls ID: #668793