609 Walnut StLacygneKS66040
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 609 Walnut St, Lacygne, KS, 66040 in Lacygne: $1,538/mo in rent, $547/mo net, 12.39% gross yield, all on a $149,020 acquisition. The 2.30 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $41,171 in value, and $1,372/yr in principal paydown steadily builds equity. Projected total cumulative return: $91,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 7.5% |
| Monthly Cash Flow | $547 | $450 |
City averages based on Lacygne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,538 |
| Total Monthly Debt Service | $932 |
| DSCR Ratio | 1.65x |
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 1941
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66040, La Cygne, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,033 (100%) |
| Owner Occupied HU | 1,199 (59.0%) |
| Renter Occupied HU | 312 (15.3%) |
| Vacant Housing Units | 522 (25.7%) |
| Median Home Value | $176,862 |
| Average Home Value | $229,917 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,448
Multi-Family
126
Businesses
95
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 1941
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66040, La Cygne, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,033 (100%) |
| Owner Occupied HU | 1,199 (59.0%) |
| Renter Occupied HU | 312 (15.3%) |
| Vacant Housing Units | 522 (25.7%) |
| Median Home Value | $176,862 |
| Average Home Value | $229,917 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,448
Multi-Family
126
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices