1213 E 14th AveHutchinsonKS67501
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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 1213 E 14th Ave, Hutchinson, KS, 67501 uses $56,322 cash to close to unlock $5,847/yr annual cash flow and $487/mo monthly cash flow. Total monthly income runs $1,618/mo, and a $832/mo payment keeps the spread at $487/mo. Purchase price stands at $169,900, and rental yield measures 11.43% with $1,618/mo rent. Return on cash invested shows 30.29% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 159.2% and total cumulative return in cash records $89,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,618/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,840 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
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Listed by: SHIRLEY LEBIEN • Coldwell Banker Americana, Realtors
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53699