2 Lakeview CirSouth HutchinsonKS67505
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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
Rental property for sale in South Hutchinson at 2 Lakeview Cir, South Hutchinson, KS, 67505 priced at $325,000 converts $2,843/mo rent into $674/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,843/mo, and annual cash flow totals $8,082/yr on $107,738 invested. Return on cash invested prints 27.41% in year one, and rental yield reads 10.5% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 143.72% and total cumulative return in cash sums $154,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,843/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67505, South Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 694 (53.6%) |
| Renter Occupied HU | 475 (36.7%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $155,178 |
| Average Home Value | $189,200 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,048
Multi-Family
93
Businesses
121
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Listed by: MARSHA MCCONNELL • PLAZA/ASTLE REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52839
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.