620 Elm StDeliaKS66418
INVESTMENT ANALYSIS
Investment Verdict
Solid Income620 Elm St, Delia, KS, 66418 in Delia earns a respectable 8.82% gross yield at $239,900, but after the $1,079/mo mortgage the net cash flow is $168/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.63) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $66,280 over five years, making equity the dominant return driver. Total projected return: $102,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $168 | $300 |
City averages based on Delia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,764 |
| Total Monthly Debt Service | $1,501 |
| DSCR Ratio | 1.18x |
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 1930
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66418, Delia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 166 (68.0%) |
| Renter Occupied HU | 51 (20.9%) |
| Vacant Housing Units | 27 (11.1%) |
| Median Home Value | $243,182 |
| Average Home Value | $242,425 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
4
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 1930
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66418, Delia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 166 (68.0%) |
| Renter Occupied HU | 51 (20.9%) |
| Vacant Housing Units | 27 (11.1%) |
| Median Home Value | $243,182 |
| Average Home Value | $242,425 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices