110 W 1st StHoytKS66440
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
Rental property for sale in Hoyt at 110 W 1st St, Hoyt, KS, 66440 priced at $184,950 converts $1,260/mo rent into $30/mo cash flow after a $905/mo obligation. Total monthly income equals $1,260/mo, and annual cash flow totals $357/yr on $61,311 invested. Return on cash invested prints 20.49% in year one, and rental yield reads 8.18% against a $184,950 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,098 by year five. Five-year ROI reaches 106.59% and total cumulative return in cash sums $65,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66440, Hoyt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 657 (78.8%) |
| Renter Occupied HU | 117 (14.0%) |
| Vacant Housing Units | 60 ( 7.2%) |
| Median Home Value | $198,459 |
| Average Home Value | $214,365 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
704
Multi-Family
0
Businesses
22
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Listed by: John Ringgold • KW One Legacy Partners, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236483
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.