606 N Johnson StSyracuseKS67878
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.65% yield at 606 N Johnson St, Syracuse, KS, 67878 in Syracuse is solid, but the $630/mo payment compresses net cash flow to $195/mo at $140,000. 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 $38,679 by year five, and $1,289/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.79) without U.S. income documentation. Total projected return: $65,856.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 9.0% |
| Monthly Cash Flow | $195 | $150 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,126 |
| Total Monthly Debt Service | $876 |
| DSCR Ratio | 1.29x |
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 1952
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67878, Syracuse, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 593 (59.5%) |
| Renter Occupied HU | 249 (25.0%) |
| Vacant Housing Units | 155 (15.5%) |
| Median Home Value | $147,569 |
| Average Home Value | $174,321 |
Housing Distribution
Address Breakdown
Residential
48
Single Family
46
Multi-Family
2
Businesses
122
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 1952
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67878, Syracuse, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 593 (59.5%) |
| Renter Occupied HU | 249 (25.0%) |
| Vacant Housing Units | 155 (15.5%) |
| Median Home Value | $147,569 |
| Average Home Value | $174,321 |
Housing Distribution
Address Breakdown
Residential
48
Single Family
46
Multi-Family
2
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices