2090 1000th AveHopeKS67451
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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 Hope at 2090 1000th Ave, Hope, KS, 67451 offers a 8.6% rental yield on a $318,000 purchase with $2,278/mo rent. Total monthly income registers $2,278/mo, and a $1,556/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,954/yr on $105,417 to close, and return on cash invested stands at 21.76% in year one. Equity gained on principal adds $2,052/yr while 5% annual appreciation supports $87,858 over five years. Portfolio math shows five-year ROI at 113.39% and total cumulative return in cash at $119,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,278/mo property income against a $1,556/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
8.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67451, Hope, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 456 (100%) |
| Owner Occupied HU | 319 (70.0%) |
| Renter Occupied HU | 76 (16.7%) |
| Vacant Housing Units | 61 (13.4%) |
| Median Home Value | $181,750 |
| Average Home Value | $201,254 |
Housing Distribution
Address Breakdown
Residential
315
Single Family
315
Multi-Family
0
Businesses
15
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Listed by: Lisa Hight • RE/MAX Signature Properties
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20242940
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.