421 N Broadway AveBeloitKS67420
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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 Beloit at 421 N Broadway Ave, Beloit, KS, 67420 uses $54,698 cash to close to unlock $2,908/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,447/mo, and a $808/mo payment keeps the spread at $242/mo. Purchase price stands at $165,000, and rental yield measures 10.52% with $1,447/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 132.86% and total cumulative return in cash records $72,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,447/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1975
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67420, Beloit, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,246 (100%) |
| Owner Occupied HU | 1,353 (60.2%) |
| Renter Occupied HU | 515 (22.9%) |
| Vacant Housing Units | 378 (16.8%) |
| Median Home Value | $123,977 |
| Average Home Value | $177,147 |
Housing Distribution
Address Breakdown
Residential
1,924
Single Family
1,906
Multi-Family
18
Businesses
253
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Listed by: Heather Monty • Hansen Auction & Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251904
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.