1665 1st Ave WHortonKS66439
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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 Horton at 1665 1st Ave W, Horton, KS, 66439 offers a 10.08% rental yield on a $125,000 purchase with $1,050/mo rent. Total monthly income registers $1,050/mo, and a $612/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,618/yr on $41,438 to close, and return on cash invested stands at 26.23% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 137.45% and total cumulative return in cash at $56,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,050/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66439, Horton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 683 (57.7%) |
| Renter Occupied HU | 287 (24.3%) |
| Vacant Housing Units | 213 (18.0%) |
| Median Home Value | $95,395 |
| Average Home Value | $150,121 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,013
Multi-Family
31
Businesses
120
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Listed by: Kelsee Hirsch • Hirsch Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #234584
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.