311 26th AveMoundridgeKS67107
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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 Moundridge at 311 26th Ave, Moundridge, KS, 67107 generates $1,972/mo in rent and, after a $1,419/mo payment, leaves $43/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $519/yr on $96,102 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 8.16% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 106.37% and total cumulative return in cash sums $102,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Single Family
Built in 1888
7.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67107, Moundridge, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,336 (100%) |
| Owner Occupied HU | 914 (68.4%) |
| Renter Occupied HU | 300 (22.5%) |
| Vacant Housing Units | 122 ( 9.1%) |
| Median Home Value | $215,108 |
| Average Home Value | $252,051 |
Housing Distribution
Address Breakdown
Residential
937
Single Family
921
Multi-Family
16
Businesses
98
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Listed by: Kayla Phillips • Sheets-Adams, REALTORS - Hutchinson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53861