40 E Des Moines AveSouth HutchinsonKS67505
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 40 E Des Moines Ave, South Hutchinson, KS, 67505 in South Hutchinson at $190,000 earns $1,430/mo in rent and nets $166/mo after the $854/mo payment, a 9.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,494 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $1,750/yr in principal paydown, total projected return reaches $83,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.0% |
| Monthly Cash Flow | $166 | $250 |
City averages based on South Hutchinson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,430 |
| Total Monthly Debt Service | $1,188 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67505, South Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 694 (53.6%) |
| Renter Occupied HU | 475 (36.7%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $155,178 |
| Average Home Value | $189,200 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,048
Multi-Family
93
Businesses
121
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
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67505, South Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 694 (53.6%) |
| Renter Occupied HU | 475 (36.7%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $155,178 |
| Average Home Value | $189,200 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,048
Multi-Family
93
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Traci Ratzlaff • Real Broker, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53817