310 E 1st AveNorwichKS67118
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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 Norwich at 310 E 1st Ave, Norwich, KS, 67118 earns from $1,753/mo rent with a $1,346/mo payment. Total monthly income totals $1,753/mo. ROI tracks 18.9% on current figures, and rental yield reads 7.65% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 98.08% and total cumulative return in cash sums $89,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,753/mo property income instead of your personal income.
Single Family
Built in 1910
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67118, Norwich, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 330 (100%) |
| Owner Occupied HU | 238 (72.1%) |
| Renter Occupied HU | 56 (17.0%) |
| Vacant Housing Units | 36 (10.9%) |
| Median Home Value | $166,667 |
| Average Home Value | $210,378 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
20
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