219 E 8th AveHutchinsonKS67501
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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 Hutchinson at 219 E 8th Ave, Hutchinson, KS, 67501 uses $36,432 cash to close to unlock $1,605/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $865/mo, and a $538/mo payment keeps the spread at $134/mo. Purchase price stands at $109,900, and rental yield measures 9.44% with $865/mo rent. Return on cash invested shows 24.31% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 127.12% and total cumulative return in cash records $46,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $865/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67501, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,371 (100%) |
| Owner Occupied HU | 5,645 (49.6%) |
| Renter Occupied HU | 4,047 (35.6%) |
| Vacant Housing Units | 1,679 (14.8%) |
| Median Home Value | $98,322 |
| Average Home Value | $154,618 |
Housing Distribution
Address Breakdown
Residential
10,359
Single Family
10,020
Multi-Family
339
Businesses
1,045
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Listed by: Ashleigh Green • Real Smart Homes
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53381