304 N Hobart StGlen ElderKS67446
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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 Glen Elder at 304 N Hobart St, Glen Elder, KS, 67446 listed at $180,000 pairs $1,204/mo rent with a $881/mo payment to leave $7/mo cash flow. Total monthly income runs $1,204/mo, and annual cash flow reaches $78/yr on $59,670 cash to close. Return on cash invested measures 20.04% in year one, and rental yield registers 8.03% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 104.2% and total cumulative return in cash totals $62,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,204/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67446, Glen Elder, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 178 (59.1%) |
| Renter Occupied HU | 58 (19.3%) |
| Vacant Housing Units | 65 (21.6%) |
| Median Home Value | $107,143 |
| Average Home Value | $144,944 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
27
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Listed by: Sidney Rokusek • Keller Williams Realty Hometow
Mls Name: GPMLS
Mls Provider:
Mls ID: #210437
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.