629 Main StBernKS66408
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 629 Main St, Bern, KS, 66408 in Bern the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $145,000 price is below income-first thresholds, but 5%/yr value growth projects $40,061 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Bern market data in our database. Property projections are estimates.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66408, Bern, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 118 (64.5%) |
| Renter Occupied HU | 26 (14.2%) |
| Vacant Housing Units | 39 (21.3%) |
| Median Home Value | $262,500 |
| Average Home Value | $504,661 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66408, Bern, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 118 (64.5%) |
| Renter Occupied HU | 26 (14.2%) |
| Vacant Housing Units | 39 (21.3%) |
| Median Home Value | $262,500 |
| Average Home Value | $504,661 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Alex Arnold • Heritage Real Estate, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238529
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