220 E 6th StHoisingtonKS67544
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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 Hoisington at 220 E 6th St, Hoisington, KS, 67544 offers a 9.09% rental yield on a $142,500 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $697/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,589/yr on $47,239 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $920/yr while 5% annual appreciation supports $39,370 over five years. Portfolio math shows five-year ROI at 121.53% and total cumulative return in cash at $57,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67544, Hoisington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 969 (60.7%) |
| Renter Occupied HU | 372 (23.3%) |
| Vacant Housing Units | 255 (16.0%) |
| Median Home Value | $165,495 |
| Average Home Value | $192,131 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,304
Multi-Family
36
Businesses
118
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Listed by: Joe Cotten • Keller Real Estate & Insurance Agency, Inc.
Mls Name: Western Kansas AOR
Mls ID: #204772