597 NE 60th RdHarperKS67058
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 597 NE 60th Rd, Harper, KS, 67058 in Harper is a conservative rental investment at $193,000. Rental yield 6.45%. A 1.19 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $53,322; $1,778/yr in principal paydown supplements. Total projected return: $57,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.5% |
| Monthly Cash Flow | $(247) | $350 |
City averages based on Harper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,037 |
| Total Monthly Debt Service | $1,207 |
| DSCR Ratio | 0.86x |
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 1936
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67058, Harper, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 585 (57.3%) |
| Renter Occupied HU | 224 (21.9%) |
| Vacant Housing Units | 212 (20.8%) |
| Median Home Value | $103,409 |
| Average Home Value | $135,226 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
111
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 1936
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67058, Harper, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 585 (57.3%) |
| Renter Occupied HU | 224 (21.9%) |
| Vacant Housing Units | 212 (20.8%) |
| Median Home Value | $103,409 |
| Average Home Value | $135,226 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Westmoreland • J.P. Weigand & Sons
Mls Name: SCKMLS
Mls ID: #647436
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