607 E Vine StMeadeKS67864
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder607 E Vine St, Meade, KS, 67864 in Meade is a stable, well-positioned rental at $249,900. Rental yield 7.87%. DSCR 1.46 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $69,043 in value and $2,302/yr in principal paydown builds equity, a total projected return of $93,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 8.5% |
| Monthly Cash Flow | $(23) | $850 |
City averages based on Meade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,639 |
| Total Monthly Debt Service | $1,563 |
| DSCR Ratio | 1.05x |
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 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67864, Meade, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 553 (58.5%) |
| Renter Occupied HU | 231 (24.4%) |
| Vacant Housing Units | 161 (17.0%) |
| Median Home Value | $140,962 |
| Average Home Value | $193,151 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
101
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 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67864, Meade, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 553 (58.5%) |
| Renter Occupied HU | 231 (24.4%) |
| Vacant Housing Units | 161 (17.0%) |
| Median Home Value | $140,962 |
| Average Home Value | $193,151 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Toni Green • Fresh Move Realty, Inc
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100327
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.