618 S 281st HwyGreat BendKS67530
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 618 S 281st Hwy, Great Bend, KS, 67530 in Great Bend fits: $695,000, 1.44% gross yield, and a projected 5% annual appreciation rate adding $192,016 in value within five years. Rental yield 1.44%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.27) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,401/yr in principal paydown and $192,016 in appreciation project a total return of $21,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.4% | 7.0% |
| Monthly Cash Flow | $(3,790) | $250 |
City averages based on Great Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $834 |
| Total Monthly Debt Service | $4,347 |
| DSCR Ratio | 0.19x |
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 2008
7.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67530, Great Bend, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,618 (100%) |
| Owner Occupied HU | 4,853 (56.3%) |
| Renter Occupied HU | 2,582 (30.0%) |
| Vacant Housing Units | 1,183 (13.7%) |
| Median Home Value | $158,062 |
| Average Home Value | $174,539 |
Housing Distribution
Address Breakdown
Residential
7,853
Single Family
7,508
Multi-Family
345
Businesses
995
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 2008
7.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67530, Great Bend, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,618 (100%) |
| Owner Occupied HU | 4,853 (56.3%) |
| Renter Occupied HU | 2,582 (30.0%) |
| Vacant Housing Units | 1,183 (13.7%) |
| Median Home Value | $158,062 |
| Average Home Value | $174,539 |
Housing Distribution
Address Breakdown
Residential
7,853
Single Family
7,508
Multi-Family
345
Businesses
995
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenny Alefs • Coldwell Banker Sell Real Estate
Mls Name: Western Kansas AOR
Mls ID: #205096