1504 N Hersey AveBeloitKS67420
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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 1504 N Hersey Ave, Beloit, KS, 67420 with 5% annual appreciation on a $119,500 basis while $955/mo rent supports operations. Total monthly income totals $955/mo and a $585/mo payment preserves $160/mo for cash returns. Annual cash flow comes to $1,919/yr on $39,614 deployed, and return on cash invested reaches 24.75% in year one. Equity gained on principal adds $771/yr, and five-year appreciation sums $33,016 alongside rental yield of 9.59%. Five-year ROI measures 129.42% and total cumulative return in cash totals $51,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $955/mo property income versus a $585/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
6,969 sqft 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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Listed by: Heather Monty • Hansen Auction & Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20242180
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.