1321 N Chestnut StBeloitKS67420
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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 Beloit at 1321 N Chestnut St, Beloit, KS, 67420 offers a 9.02% rental yield on a $184,500 purchase with $1,387/mo rent. Total monthly income registers $1,387/mo, and a $903/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,915/yr on $61,162 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $1,191/yr while 5% annual appreciation supports $50,974 over five years. Portfolio math shows five-year ROI at 120.29% and total cumulative return in cash at $73,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,387/mo property income against a $903/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67420, Beloit, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,246 (100%) |
| Owner Occupied HU | 1,353 (60.2%) |
| Renter Occupied HU | 515 (22.9%) |
| Vacant Housing Units | 378 (16.8%) |
| Median Home Value | $123,977 |
| Average Home Value | $177,147 |
Housing Distribution
Address Breakdown
Residential
1,924
Single Family
1,906
Multi-Family
18
Businesses
253
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