109 Meadow LnHesstonKS67062
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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
Rental property for sale in Hesston at 109 Meadow Ln, Hesston, KS, 67062 priced at $285,000 converts $2,296/mo rent into $348/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,296/mo, and annual cash flow totals $4,177/yr on $94,478 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 9.67% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 127.45% and total cumulative return in cash sums $120,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,296/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67062, Hesston, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,053 (65.9%) |
| Renter Occupied HU | 432 (27.1%) |
| Vacant Housing Units | 112 ( 7.0%) |
| Median Home Value | $213,584 |
| Average Home Value | $244,585 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,440
Multi-Family
104
Businesses
138
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Listed by: Kali Graber • J.P. Weigand & Sons - McPherson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51931
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.