1005 N Monroe StHutchinsonKS67501
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
Investment Highlights
Investment property for sale in Hutchinson at 1005 N Monroe St, Hutchinson, KS, 67501 uses $43,095 cash to close to unlock $4,661/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $1,253/mo, and a $636/mo payment keeps the spread at $388/mo. Purchase price stands at $130,000, and rental yield measures 11.57% with $1,253/mo rent. Return on cash invested shows 30.72% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 161.51% and total cumulative return in cash records $69,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,253/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1906
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67501, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,371 (100%) |
| Owner Occupied HU | 5,645 (49.6%) |
| Renter Occupied HU | 4,047 (35.6%) |
| Vacant Housing Units | 1,679 (14.8%) |
| Median Home Value | $98,322 |
| Average Home Value | $154,618 |
Housing Distribution
Address Breakdown
Residential
10,359
Single Family
10,020
Multi-Family
339
Businesses
1,045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A