1400 Sheridan AveHoxieKS67740
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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 Hoxie at 1400 Sheridan Ave, Hoxie, KS, 67740 listed at $115,000 pairs $914/mo rent with a $563/mo payment to leave $149/mo cash flow. Total monthly income runs $914/mo, and annual cash flow reaches $1,785/yr on $38,123 cash to close. Return on cash invested measures 24.59% in year one, and rental yield registers 9.54% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 128.58% and total cumulative return in cash totals $49,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $914/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.98 Acres 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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