512 Main StGrainfieldKS67737
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 512 Main St, Grainfield, KS, 67737 in Grainfield is narrow, $155/mo net on $1,034/mo rent after the $607/mo debt service, but the property operates at break-even-plus, not a loss. At $135,000 with a 9.36% yield, the long-run equity case via 5% appreciation ($37,298 over five years) and $1,243/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $60,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.0% |
| Monthly Cash Flow | $155 | $350 |
City averages based on Grainfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,034 |
| Total Monthly Debt Service | $844 |
| 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 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67737, Grainfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 140 (67.6%) |
| Renter Occupied HU | 33 (15.9%) |
| Vacant Housing Units | 34 (16.4%) |
| Median Home Value | $125,000 |
| Average Home Value | $198,554 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
36
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 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67737, Grainfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 140 (67.6%) |
| Renter Occupied HU | 33 (15.9%) |
| Vacant Housing Units | 34 (16.4%) |
| Median Home Value | $125,000 |
| Average Home Value | $198,554 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nickolas Zerr • AgTeam Land Brokers
Mls Name: United Country
Mls ID: #26015-790010