444 W 9th StConcordiaKS66901
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 444 W 9th St, Concordia, KS, 66901 in Concordia at $179,500 earns $1,348/mo in rent and nets $154/mo after the $807/mo payment, a 9.01% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,593 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $1,653/yr in principal paydown, total projected return reaches $78,371.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.0% |
| Monthly Cash Flow | $154 | $300 |
City averages based on Concordia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,348 |
| Total Monthly Debt Service | $1,123 |
| DSCR Ratio | 1.20x |
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66901, Concordia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 1,671 (55.2%) |
| Renter Occupied HU | 819 (27.1%) |
| Vacant Housing Units | 537 (17.7%) |
| Median Home Value | $113,170 |
| Average Home Value | $147,044 |
Housing Distribution
Address Breakdown
Residential
2,734
Single Family
2,701
Multi-Family
33
Businesses
372
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66901, Concordia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 1,671 (55.2%) |
| Renter Occupied HU | 819 (27.1%) |
| Vacant Housing Units | 537 (17.7%) |
| Median Home Value | $113,170 |
| Average Home Value | $147,044 |
Housing Distribution
Address Breakdown
Residential
2,734
Single Family
2,701
Multi-Family
33
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Krier • EXP Realty LLC
Mls Name: GPMLS
Mls Provider:
Mls ID: #211833
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. Information is deemed reliable but not guaranteed.