605 Central AveHortonKS66439
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.12% yield at 605 Central Ave, Horton, KS, 66439 in Horton is solid, but the $450/mo payment compresses net cash flow to $95/mo at $100,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $27,628 by year five, and $921/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.69) without U.S. income documentation. Total projected return: $44,249.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.1% |
| Monthly Cash Flow | $95 | $210 |
City averages based on Horton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $760 |
| Total Monthly Debt Service | $625 |
| DSCR Ratio | 1.22x |
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 1970
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66439, Horton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 683 (57.7%) |
| Renter Occupied HU | 287 (24.3%) |
| Vacant Housing Units | 213 (18.0%) |
| Median Home Value | $95,395 |
| Average Home Value | $150,121 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,013
Multi-Family
31
Businesses
120
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 1970
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66439, Horton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 683 (57.7%) |
| Renter Occupied HU | 287 (24.3%) |
| Vacant Housing Units | 213 (18.0%) |
| Median Home Value | $95,395 |
| Average Home Value | $150,121 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,013
Multi-Family
31
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices