206 E 19th AveHutchinsonKS67502
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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 Hutchinson at 206 E 19th Ave, Hutchinson, KS, 67502 generates $1,032/mo in rent and, after a $660/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,032/mo, and annual cash flow is $1,618/yr on $44,719 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 9.18% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 122.86% and total cumulative return in cash sums $54,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,032/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67502, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 7,500 (68.3%) |
| Renter Occupied HU | 2,649 (24.1%) |
| Vacant Housing Units | 828 ( 7.5%) |
| Median Home Value | $203,460 |
| Average Home Value | $244,115 |
Housing Distribution
Address Breakdown
Residential
10,201
Single Family
9,484
Multi-Family
717
Businesses
400
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Listed by: KELLY ANNE LANHAM • Re/Max Elite Real Estate Group
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52669
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.