311 S 6th StHiawathaKS66434
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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 Hiawatha at 311 S 6th St, Hiawatha, KS, 66434 uses $33,150 cash to close to unlock $1,238/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $768/mo, and a $489/mo payment keeps the spread at $103/mo. Purchase price stands at $100,000, and rental yield measures 9.22% with $768/mo rent. Return on cash invested shows 23.64% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 123.6% and total cumulative return in cash records $40,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $768/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1901
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66434, Hiawatha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,244 (100%) |
| Owner Occupied HU | 1,322 (58.9%) |
| Renter Occupied HU | 646 (28.8%) |
| Vacant Housing Units | 276 (12.3%) |
| Median Home Value | $147,619 |
| Average Home Value | $205,189 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
1,998
Multi-Family
99
Businesses
302
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