604 N Main StLindsborgKS67456
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 604 N Main St, Lindsborg, KS, 67456 in Lindsborg earns a 11.53% gross yield at $135,000. Rent of $1,297/mo nets $399/mo after the $607/mo mortgage. The 2.14 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $37,298 and $1,243/yr in equity accumulation project a total cumulative return of $77,138.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.5% |
| Monthly Cash Flow | $399 | $450 |
City averages based on Lindsborg 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 | $1,297 |
| Total Monthly Debt Service | $844 |
| DSCR Ratio | 1.54x |
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 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67456, Lindsborg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,330 (68.1%) |
| Renter Occupied HU | 448 (22.9%) |
| Vacant Housing Units | 176 ( 9.0%) |
| Median Home Value | $201,747 |
| Average Home Value | $223,299 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,817
Multi-Family
38
Businesses
187
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 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67456, Lindsborg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,330 (68.1%) |
| Renter Occupied HU | 448 (22.9%) |
| Vacant Housing Units | 176 ( 9.0%) |
| Median Home Value | $201,747 |
| Average Home Value | $223,299 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,817
Multi-Family
38
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices