304 E 14th StHaysKS67601
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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 Hays at 304 E 14th St, Hays, KS, 67601 offers a 10.85% rental yield on a $199,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $974/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,713/yr on $65,969 to close, and return on cash invested stands at 28.57% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 149.97% and total cumulative return in cash at $98,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1948
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67601, Hays, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,258 (100%) |
| Owner Occupied HU | 6,001 (53.3%) |
| Renter Occupied HU | 4,100 (36.4%) |
| Vacant Housing Units | 1,157 (10.3%) |
| Median Home Value | $263,498 |
| Average Home Value | $304,935 |
Housing Distribution
Address Breakdown
Residential
10,841
Single Family
9,875
Multi-Family
966
Businesses
1,315
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Listed by: Luke J Scoby • Advanced Real Estate Company
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #204076
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.