490 E 12th StTonganoxieKS66086
INVESTMENT ANALYSIS
Investment Verdict
Solid Income490 E 12th St, Tonganoxie, KS, 66086 in Tonganoxie is a solid income-producing rental, 9.12% gross yield, $2,280/mo rent, $284/mo net cash flow on a $300,000 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $82,884 and $2,763/yr in principal reduction project a total cumulative return of $132,664.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.5% |
| Monthly Cash Flow | $284 | $300 |
City averages based on Tonganoxie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $1,876 |
| DSCR Ratio | 1.22x |
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 1996
9,430 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66086, Tonganoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,546 (100%) |
| Owner Occupied HU | 3,554 (78.2%) |
| Renter Occupied HU | 802 (17.6%) |
| Vacant Housing Units | 190 ( 4.2%) |
| Median Home Value | $322,334 |
| Average Home Value | $372,297 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,173
Multi-Family
48
Businesses
203
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 1996
9,430 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66086, Tonganoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,546 (100%) |
| Owner Occupied HU | 3,554 (78.2%) |
| Renter Occupied HU | 802 (17.6%) |
| Vacant Housing Units | 190 ( 4.2%) |
| Median Home Value | $322,334 |
| Average Home Value | $372,297 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,173
Multi-Family
48
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2606656