515 Oak StScott CityKS67871
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 515 Oak St, Scott City, KS, 67871 in Scott City: $2,407/mo in rent, $245/mo in net income, 8.89% gross yield, 1.56 DSCR, all at $325,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $89,792 in appreciation and $2,724/yr in principal paydown projects total cumulative return of $133,529.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.0% |
| Monthly Cash Flow | $245 | $360 |
City averages based on Scott City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,407 |
| Total Monthly Debt Service | $2,112 |
| DSCR Ratio | 1.14x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67871, Scott City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,247 (100%) |
| Owner Occupied HU | 1,416 (63.0%) |
| Renter Occupied HU | 610 (27.1%) |
| Vacant Housing Units | 221 ( 9.8%) |
| Median Home Value | $202,594 |
| Average Home Value | $234,756 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,087
Multi-Family
44
Businesses
261
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Kansas High Plains AOR
Mls Provider:
Mls ID: #101681
