604 E Spaulding AveGlascoKS67445
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 604 E Spaulding Ave, Glasco, KS, 67445 in Glasco fits: $139,000, 4.51% gross yield, and a projected 5% annual appreciation rate adding $38,403 in value within five years. Rental yield 4.51%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.84) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $1,280/yr in principal paydown and $38,403 in appreciation project a total return of $27,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 8.2% |
| Monthly Cash Flow | $(403) | $350 |
City averages based on Glasco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $522 |
| Total Monthly Debt Service | $869 |
| DSCR Ratio | 0.60x |
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 1974
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67445, Glasco, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 228 (60.6%) |
| Renter Occupied HU | 43 (11.4%) |
| Vacant Housing Units | 105 (27.9%) |
| Median Home Value | $67,895 |
| Average Home Value | $117,544 |
Housing Distribution
Address Breakdown
Residential
219
Single Family
219
Multi-Family
0
Businesses
21
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 1974
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67445, Glasco, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 228 (60.6%) |
| Renter Occupied HU | 43 (11.4%) |
| Vacant Housing Units | 105 (27.9%) |
| Median Home Value | $67,895 |
| Average Home Value | $117,544 |
Housing Distribution
Address Breakdown
Residential
219
Single Family
219
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices