608 N 1st StAtchisonKS66002
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 608 N 1st St, Atchison, KS, 66002 in Atchison is a conservative rental investment at $310,000. Rental yield 6.97%. A 1.29 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $85,647; $2,855/yr in principal paydown supplements. Total projected return: $101,292.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 7.0% |
| Monthly Cash Flow | $(262) | $150 |
City averages based on Atchison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,939 |
| DSCR Ratio | 0.93x |
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 2025
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66002, Atchison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,492 (100%) |
| Owner Occupied HU | 3,158 (57.5%) |
| Renter Occupied HU | 1,796 (32.7%) |
| Vacant Housing Units | 538 ( 9.8%) |
| Median Home Value | $166,910 |
| Average Home Value | $202,031 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
4,939
Multi-Family
414
Businesses
498
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 2025
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66002, Atchison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,492 (100%) |
| Owner Occupied HU | 3,158 (57.5%) |
| Renter Occupied HU | 1,796 (32.7%) |
| Vacant Housing Units | 538 ( 9.8%) |
| Median Home Value | $166,910 |
| Average Home Value | $202,031 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
4,939
Multi-Family
414
Businesses
498
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices