507 E 1st StEnterpriseKS67441
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 507 E 1st St, Enterprise, KS, 67441 in Enterprise is straightforward: $175,000 in, $1,639/mo in rent, $475/mo out after debt service. The 11.24% gross yield and 2.08 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $48,349 by year five. With $1,612/yr in principal equity, the total cumulative return is projected at $97,293.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.8% |
| Monthly Cash Flow | $475 | $550 |
City averages based on Enterprise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,639 |
| Total Monthly Debt Service | $1,095 |
| DSCR Ratio | 1.50x |
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 2005
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67441, Enterprise, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 317 (69.2%) |
| Renter Occupied HU | 75 (16.4%) |
| Vacant Housing Units | 66 (14.4%) |
| Median Home Value | $111,990 |
| Average Home Value | $154,282 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
20
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 2005
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67441, Enterprise, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 317 (69.2%) |
| Renter Occupied HU | 75 (16.4%) |
| Vacant Housing Units | 66 (14.4%) |
| Median Home Value | $111,990 |
| Average Home Value | $154,282 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Burch • NextHome Unlimited
Mls Name: FHARMLS
Mls ID: #20260264