1341 16th StHoxieKS67740
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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 Hoxie at 1341 16th St, Hoxie, KS, 67740 generates $1,314/mo in rent, after a $1,317/mo payment. Total monthly income is $1,314/mo. Return on cash invested sits at 13.5% in year one, and rental yield is 5.86% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 69.17% and total cumulative return in cash sums $61,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
9,745 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67740, Hoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 902 (100%) |
| Owner Occupied HU | 566 (62.7%) |
| Renter Occupied HU | 234 (25.9%) |
| Vacant Housing Units | 102 (11.3%) |
| Median Home Value | $187,500 |
| Average Home Value | $222,756 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
312
Multi-Family
18
Businesses
112
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