2304 N Pennington RdHutchinsonKS67502
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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 2304 N Pennington Rd, Hutchinson, KS, 67502 earns $171/mo cash flow from $1,485/mo rent with a $967/mo payment. Total monthly income totals $1,485/mo, and annual cash flow totals $2,049/yr on $65,471 capital. ROI tracks 23.04% on current figures, and rental yield reads 9.02% at a $197,500 purchase. Equity gained on principal adds $1,274/yr, and 5% annual appreciation supports $54,566 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash sums $78,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,485/mo property income instead of your personal income.
Single Family
Built in 1910
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67502, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 7,500 (68.3%) |
| Renter Occupied HU | 2,649 (24.1%) |
| Vacant Housing Units | 828 ( 7.5%) |
| Median Home Value | $203,460 |
| Average Home Value | $244,115 |
Housing Distribution
Address Breakdown
Residential
10,201
Single Family
9,484
Multi-Family
717
Businesses
400
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Listed by: PAUL BROCK • PLAZA/ASTLE REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51550
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.