704 E Mentor RdAssariaKS67416
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 704 E Mentor Rd, Assaria, KS, 67416 in Assaria is straightforward: $370,000 in, $2,678/mo in rent, $217/mo out after debt service. The 8.69% gross yield and 1.61 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $102,224 by year five. With $3,408/yr in principal equity, the total cumulative return is projected at $154,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.0% |
| Monthly Cash Flow | $217 | $300 |
City averages based on Assaria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,678 |
| Total Monthly Debt Service | $2,314 |
| DSCR Ratio | 1.16x |
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 1971
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67416, Assaria, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 384 (75.1%) |
| Renter Occupied HU | 85 (16.6%) |
| Vacant Housing Units | 42 ( 8.2%) |
| Median Home Value | $255,738 |
| Average Home Value | $275,443 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
21
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 1971
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67416, Assaria, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 384 (75.1%) |
| Renter Occupied HU | 85 (16.6%) |
| Vacant Housing Units | 42 ( 8.2%) |
| Median Home Value | $255,738 |
| Average Home Value | $275,443 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices