213 W Smith StHesstonKS67062
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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 Hesston at 213 W Smith St, Hesston, KS, 67062 uses $51,051 cash to close to unlock $1,383/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $754/mo payment keeps the spread at $115/mo. Purchase price stands at $154,000, and rental yield measures 8.88% with $1,140/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 118.05% and total cumulative return in cash records $60,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $754/mo payment rather than investor’s personal income.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67062, Hesston, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,053 (65.9%) |
| Renter Occupied HU | 432 (27.1%) |
| Vacant Housing Units | 112 ( 7.0%) |
| Median Home Value | $213,584 |
| Average Home Value | $244,585 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,440
Multi-Family
104
Businesses
138
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