612 E State StWestmorelandKS66549
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 612 E State St, Westmoreland, KS, 66549 in Westmoreland is straightforward: $214,000 in, $1,794/mo in rent, $370/mo out after debt service. The 10.06% gross yield and 1.86 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $59,124 by year five. With $1,971/yr in principal equity, the total cumulative return is projected at $105,444.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.0% |
| Monthly Cash Flow | $370 | $400 |
City averages based on Westmoreland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $1,339 |
| DSCR Ratio | 1.34x |
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 1940
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66549, Westmoreland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 509 (68.7%) |
| Renter Occupied HU | 134 (18.1%) |
| Vacant Housing Units | 98 (13.2%) |
| Median Home Value | $264,041 |
| Average Home Value | $310,864 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
486
Multi-Family
9
Businesses
52
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 1940
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66549, Westmoreland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 509 (68.7%) |
| Renter Occupied HU | 134 (18.1%) |
| Vacant Housing Units | 98 (13.2%) |
| Median Home Value | $264,041 |
| Average Home Value | $310,864 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
486
Multi-Family
9
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: FHARMLS as distributed by MLS GRID
Mls ID: #20260772