826 N 7th StFredoniaKS66736
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow826 N 7th St, Fredonia, KS, 66736 in Fredonia is a top-tier cash-flow asset. At $49,500 it produces $905/mo in rent and $575/mo in net monthly income, a 21.93% gross rental yield. The DSCR of 4.06 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,906. Five-year appreciation adds $13,676, driving a total cumulative return of $55,891.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.9% | 7.0% |
| Monthly Cash Flow | $575 | $400 |
City averages based on Fredonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $905 |
| Total Monthly Debt Service | $310 |
| DSCR Ratio | 2.92x |
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 1910
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66736, Fredonia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,034 (56.6%) |
| Renter Occupied HU | 426 (23.3%) |
| Vacant Housing Units | 366 (20.0%) |
| Median Home Value | $108,532 |
| Average Home Value | $157,945 |
Housing Distribution
Address Breakdown
Residential
1,604
Single Family
1,589
Multi-Family
15
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 1910
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66736, Fredonia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,034 (56.6%) |
| Renter Occupied HU | 426 (23.3%) |
| Vacant Housing Units | 366 (20.0%) |
| Median Home Value | $108,532 |
| Average Home Value | $157,945 |
Housing Distribution
Address Breakdown
Residential
1,604
Single Family
1,589
Multi-Family
15
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Rita Voth • Larry Marshall Auction & Realt
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2512284
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604