2324 W Road 10 SHoxieKS67740
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 2324 W Road 10 S, Hoxie, KS, 67740 in Hoxie at $229,000. Rental yield 6.22%. The 6.22% yield and 1.15 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $63,268 by year five, and $2,109/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $65,670.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 7.8% |
| Monthly Cash Flow | $(337) | $400 |
City averages based on Hoxie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,187 |
| Total Monthly Debt Service | $1,432 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
4.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67740, Hoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 902 (100%) |
| Owner Occupied HU | 566 (62.7%) |
| Renter Occupied HU | 234 (25.9%) |
| Vacant Housing Units | 102 (11.3%) |
| Median Home Value | $187,500 |
| Average Home Value | $222,756 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
312
Multi-Family
18
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
4.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67740, Hoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 902 (100%) |
| Owner Occupied HU | 566 (62.7%) |
| Renter Occupied HU | 234 (25.9%) |
| Vacant Housing Units | 102 (11.3%) |
| Median Home Value | $187,500 |
| Average Home Value | $222,756 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
312
Multi-Family
18
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices