611 N 1st StCimarronKS67835
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 611 N 1st St, Cimarron, KS, 67835 in Cimarron worth study. Rental yield 4.38%. The 4.38% gross yield is below cash-flow benchmarks at $165,000, but 5% annual appreciation, adding $45,586 over five years, frames this as a capital growth position. Rent of $602/mo partially offsets the $742/mo payment. Ziffy Mortgage finances appreciation-play properties (0.81 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $30,998.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 7.0% |
| Monthly Cash Flow | $(495) | $300 |
City averages based on Cimarron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $602 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 0.58x |
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 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67835, Cimarron, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 801 (66.4%) |
| Renter Occupied HU | 271 (22.5%) |
| Vacant Housing Units | 134 (11.1%) |
| Median Home Value | $205,864 |
| Average Home Value | $236,529 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
146
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 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67835, Cimarron, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 801 (66.4%) |
| Renter Occupied HU | 271 (22.5%) |
| Vacant Housing Units | 134 (11.1%) |
| Median Home Value | $205,864 |
| Average Home Value | $236,529 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Dewey • Coldwell Banker Executive Realty
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #205016
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.