332 Hilltop StElkhartKS67950
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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 Elkhart at 332 Hilltop St, Elkhart, KS, 67950 offers a 10.38% rental yield on a $144,900 purchase with $1,253/mo rent. Total monthly income registers $1,253/mo, and a $709/mo payment leaves $289/mo available for distribution. Annual cash flow reaches $3,471/yr on $48,034 to close, and return on cash invested stands at 27.13% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 142.27% and total cumulative return in cash at $68,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,253/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,992 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67950, Elkhart, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 550 (56.6%) |
| Renter Occupied HU | 229 (23.6%) |
| Vacant Housing Units | 192 (19.8%) |
| Median Home Value | $101,750 |
| Average Home Value | $112,977 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
102
Multi-Family
20
Businesses
107
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