602 N Logan AveBeloitKS67420
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 602 N Logan Ave, Beloit, KS, 67420 in Beloit speaks for itself: 16.3% gross on a $168,500 price, generating $2,288/mo in rent and $1,070/mo in net income after the $758/mo debt service. DSCR 3.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,836 stacks alongside $46,553 in projected five-year appreciation and $1,552/yr in principal reduction. Projected total cumulative return: $133,451.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.3% | 5.0% |
| Monthly Cash Flow | $1,070 | $300 |
City averages based on Beloit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,288 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 1.99x |
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 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67420, Beloit, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,246 (100%) |
| Owner Occupied HU | 1,353 (60.2%) |
| Renter Occupied HU | 515 (22.9%) |
| Vacant Housing Units | 378 (16.8%) |
| Median Home Value | $123,977 |
| Average Home Value | $177,147 |
Housing Distribution
Address Breakdown
Residential
1,924
Single Family
1,906
Multi-Family
18
Businesses
253
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 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67420, Beloit, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,246 (100%) |
| Owner Occupied HU | 1,353 (60.2%) |
| Renter Occupied HU | 515 (22.9%) |
| Vacant Housing Units | 378 (16.8%) |
| Median Home Value | $123,977 |
| Average Home Value | $177,147 |
Housing Distribution
Address Breakdown
Residential
1,924
Single Family
1,906
Multi-Family
18
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices