505 N Ohio StCoffeyvilleKS67337
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 505 N Ohio St, Coffeyville, KS, 67337 in Coffeyville worth modelling. At $179,000 with a 8.87% gross yield, the $1,324/mo rent leaves $133/mo after the $805/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.64 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $49,454 by year five; $1,649/yr in principal reduction adds further equity. Total projected return: $76,827.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $133 | $300 |
City averages based on Coffeyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,324 |
| Total Monthly Debt Service | $1,120 |
| DSCR Ratio | 1.18x |
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 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67337, Coffeyville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,022 (100%) |
| Owner Occupied HU | 3,291 (54.6%) |
| Renter Occupied HU | 1,570 (26.1%) |
| Vacant Housing Units | 1,161 (19.3%) |
| Median Home Value | $97,852 |
| Average Home Value | $142,413 |
Housing Distribution
Address Breakdown
Residential
5,089
Single Family
4,780
Multi-Family
309
Businesses
568
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 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67337, Coffeyville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,022 (100%) |
| Owner Occupied HU | 3,291 (54.6%) |
| Renter Occupied HU | 1,570 (26.1%) |
| Vacant Housing Units | 1,161 (19.3%) |
| Median Home Value | $97,852 |
| Average Home Value | $142,413 |
Housing Distribution
Address Breakdown
Residential
5,089
Single Family
4,780
Multi-Family
309
Businesses
568
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Reister • L2 Realty, Inc
Mls Name: My State MLS
Mls ID: #11526045