504 N Scott DrWestmorelandKS66549
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 504 N Scott Dr, Westmoreland, KS, 66549 in Westmoreland worth study. Rental yield 3.44%. The 3.44% gross yield is below cash-flow benchmarks at $191,400, but 5% annual appreciation, adding $52,880 over five years, frames this as a capital growth position. Rent of $548/mo partially offsets the $861/mo payment. Ziffy Mortgage finances appreciation-play properties (0.64 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $26,299.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 8.0% |
| Monthly Cash Flow | $(725) | $400 |
City averages based on Westmoreland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $548 |
| Total Monthly Debt Service | $1,197 |
| DSCR Ratio | 0.46x |
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 1989
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66549, Westmoreland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 509 (68.7%) |
| Renter Occupied HU | 134 (18.1%) |
| Vacant Housing Units | 98 (13.2%) |
| Median Home Value | $264,041 |
| Average Home Value | $310,864 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
486
Multi-Family
9
Businesses
52
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 1989
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66549, Westmoreland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 509 (68.7%) |
| Renter Occupied HU | 134 (18.1%) |
| Vacant Housing Units | 98 (13.2%) |
| Median Home Value | $264,041 |
| Average Home Value | $310,864 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
486
Multi-Family
9
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marlene Irvine • Irvine Real Estate Inc.
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20242563
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.