500 S Streeter AveHesstonKS67062
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
Rental property for sale in Hesston at 500 S Streeter Ave, Hesston, KS, 67062 priced at $215,000 converts $1,501/mo rent into $71/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,501/mo, and annual cash flow totals $851/yr on $71,273 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 8.38% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 109.85% and total cumulative return in cash sums $78,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,501/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1969
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67062, Hesston, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,053 (65.9%) |
| Renter Occupied HU | 432 (27.1%) |
| Vacant Housing Units | 112 ( 7.0%) |
| Median Home Value | $213,584 |
| Average Home Value | $244,585 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,440
Multi-Family
104
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices