N 987 55th RdGlascoKS67445
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find N 987 55th Rd, Glasco, KS, 67445 in Glasco worth study. Rental yield 0.78%. The 0.78% gross yield is below cash-flow benchmarks at $800,000, but 5% annual appreciation, adding $221,025 over five years, frames this as a capital growth position. Rent of $1,230/mo partially offsets the $3,597/mo payment. Ziffy Mortgage finances appreciation-play properties (0.34 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $41,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.8% | 8.2% |
| Monthly Cash Flow | $(4,800) | $350 |
City averages based on Glasco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,230 |
| Total Monthly Debt Service | $5,004 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1938
155 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67445, Glasco, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 228 (60.6%) |
| Renter Occupied HU | 43 (11.4%) |
| Vacant Housing Units | 105 (27.9%) |
| Median Home Value | $67,895 |
| Average Home Value | $117,544 |
Housing Distribution
Address Breakdown
Residential
219
Single Family
219
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 1938
155 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67445, Glasco, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 228 (60.6%) |
| Renter Occupied HU | 43 (11.4%) |
| Vacant Housing Units | 105 (27.9%) |
| Median Home Value | $67,895 |
| Average Home Value | $117,544 |
Housing Distribution
Address Breakdown
Residential
219
Single Family
219
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Koch • Horizon Farm and Ranch Realty, LLC
Mls Name: SCKMLS
Mls ID: #653465
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