1517 N Pleasant StHutchinsonKS67501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1517 N Pleasant St, Hutchinson, KS, 67501 uses $36,465 cash to close to unlock $1,159/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $828/mo, and a $538/mo payment keeps the spread at $97/mo. Purchase price stands at $110,000, and rental yield measures 9.03% with $828/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 120.54% and total cumulative return in cash records $43,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $828/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1951
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JOSIE THOMPSON • ReeceNichols South Central Kansas
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51044
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.