3109 N Walnut StHutchinsonKS67502
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
Investment Highlights
Investment property for sale in Hutchinson at 3109 N Walnut St, Hutchinson, KS, 67502 offers a 9.08% rental yield on a $155,000 purchase with $1,173/mo rent. Total monthly income registers $1,173/mo, and a $759/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,697/yr on $51,383 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 121.24% and total cumulative return in cash at $62,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,173/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67502, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 7,500 (68.3%) |
| Renter Occupied HU | 2,649 (24.1%) |
| Vacant Housing Units | 828 ( 7.5%) |
| Median Home Value | $203,460 |
| Average Home Value | $244,115 |
Housing Distribution
Address Breakdown
Residential
10,201
Single Family
9,484
Multi-Family
717
Businesses
400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PATSY E LOVETT • Berkshire Hathaway PenFed Realty
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53552