310 N 2nd AveHill CityKS67642
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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
Rental property for sale in Hill City at 310 N 2nd Ave, Hill City, KS, 67642 generates $1,170/mo in rent and, after a $612/mo payment, leaves $338/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $4,058/yr on $41,438 invested. Return on cash invested sits at 29.7% in year one, and rental yield is 11.23% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 156.07% and total cumulative return in cash sums $64,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Manufactured
Built in 1975
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67642, Hill City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 947 (100%) |
| Owner Occupied HU | 547 (57.8%) |
| Renter Occupied HU | 209 (22.1%) |
| Vacant Housing Units | 191 (20.2%) |
| Median Home Value | $100,528 |
| Average Home Value | $127,811 |
Housing Distribution
Address Breakdown
Residential
796
Single Family
783
Multi-Family
13
Businesses
177
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