803 Linden CtWakefieldKS67487
INVESTMENT ANALYSIS
Investment Verdict
Solid Income803 Linden Ct, Wakefield, KS, 67487 in Wakefield is a solid income-producing rental, 9.56% gross yield, $2,350/mo rent, $387/mo net cash flow on a $295,000 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $81,503 and $2,717/yr in principal reduction project a total cumulative return of $137,382.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $387 | $150 |
City averages based on Wakefield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,350 |
| Total Monthly Debt Service | $1,845 |
| DSCR Ratio | 1.27x |
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 2017
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67487, Wakefield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 419 (68.8%) |
| Renter Occupied HU | 109 (17.9%) |
| Vacant Housing Units | 81 (13.3%) |
| Median Home Value | $172,019 |
| Average Home Value | $205,632 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
37
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 2017
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67487, Wakefield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 419 (68.8%) |
| Renter Occupied HU | 109 (17.9%) |
| Vacant Housing Units | 81 (13.3%) |
| Median Home Value | $172,019 |
| Average Home Value | $205,632 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Fowles • Homestead Real Estate
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250643
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.