108 Cherokee AveHiawathaKS66434
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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 Hiawatha at 108 Cherokee Ave, Hiawatha, KS, 66434 offers a 2.22% rental yield on a $299,000 purchase with $552/mo rent. 51% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 10.19% and total cumulative return in cash at $10,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $552/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1983
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66434, Hiawatha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,244 (100%) |
| Owner Occupied HU | 1,322 (58.9%) |
| Renter Occupied HU | 646 (28.8%) |
| Vacant Housing Units | 276 (12.3%) |
| Median Home Value | $147,619 |
| Average Home Value | $205,189 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
1,998
Multi-Family
99
Businesses
302
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