911 E Main StCherryvaleKS67335
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 911 E Main St, Cherryvale, KS, 67335 in Cherryvale worth modelling. At $103,000 with a 9.15% gross yield, the $785/mo rent leaves $100/mo after the $463/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $28,457 by year five; $949/yr in principal reduction adds further equity. Total projected return: $45,691.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.2% |
| Monthly Cash Flow | $100 | $350 |
City averages based on Cherryvale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $785 |
| Total Monthly Debt Service | $644 |
| DSCR Ratio | 1.22x |
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 1926
9,462 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67335, Cherryvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,072 (65.4%) |
| Renter Occupied HU | 343 (20.9%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $123,281 |
| Average Home Value | $179,564 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
99
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 1926
9,462 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67335, Cherryvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,072 (65.4%) |
| Renter Occupied HU | 343 (20.9%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $123,281 |
| Average Home Value | $179,564 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristina Fulk • L2 Realty, Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592394