1006 E 31st TerHutchinsonKS67502
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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 1006 E 31st Ter, Hutchinson, KS, 67502 offers a 9.21% rental yield on a $171,500 purchase with $1,316/mo rent. Total monthly income registers $1,316/mo, and a $839/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,876/yr on $56,852 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,107/yr while 5% annual appreciation supports $47,382 over five years. Portfolio math shows five-year ROI at 121.35% and total cumulative return in cash at $68,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,316/mo property income against a $839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67502, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 7,500 (68.3%) |
| Renter Occupied HU | 2,649 (24.1%) |
| Vacant Housing Units | 828 ( 7.5%) |
| Median Home Value | $203,460 |
| Average Home Value | $244,115 |
Housing Distribution
Address Breakdown
Residential
10,201
Single Family
9,484
Multi-Family
717
Businesses
400
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