23 E 16th 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 23 E 16th Ave, Hutchinson, KS, 67501 earns $254/mo cash flow from $1,058/mo rent with a $589/mo payment. Total monthly income totals $1,058/mo, and annual cash flow totals $3,054/yr on $39,913 capital. ROI tracks 27.56% on current figures, and rental yield reads 10.54% at a $120,400 purchase. Equity gained on principal adds $777/yr, and 5% annual appreciation supports $33,264 over five years. Five-year ROI reaches 144.56% and total cumulative return in cash sums $57,697. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,058/mo property income instead of your personal income.
Single Family
Built in 1915
3,920 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: N/A • N/A
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