414 N Obee RdHutchinsonKS67501
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 414 N Obee Rd, Hutchinson, KS, 67501 at $199,900 posts ROI 22.25% with $130/mo cash flow from $1,459/mo rent. Total monthly income equals $1,459/mo, and annual cash flow records $1,554/yr on $66,267 to close. Return on cash invested measures 22.25% and rental yield reads 8.76% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 116.06% and total cumulative return in cash totals $76,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,459/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67501, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,371 (100%) |
| Owner Occupied HU | 5,645 (49.6%) |
| Renter Occupied HU | 4,047 (35.6%) |
| Vacant Housing Units | 1,679 (14.8%) |
| Median Home Value | $98,322 |
| Average Home Value | $154,618 |
Housing Distribution
Address Breakdown
Residential
10,359
Single Family
10,020
Multi-Family
339
Businesses
1,045
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Listed by: PATSY E LOVETT • Berkshire Hathaway PenFed Realty
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53634