1740 Sheridan AveHoxieKS67740
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 1740 Sheridan Ave, Hoxie, KS, 67740 in Hoxie. Rental yield 7.09%. The 1.31 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $59,401 and $1,980/yr in principal reduction project total return of $71,608.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.8% |
| Monthly Cash Flow | $(161) | $400 |
City averages based on Hoxie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,270 |
| Total Monthly Debt Service | $1,345 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.26 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
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
Single Family
Built in 1963
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices