508 Iroquois DrHiawathaKS66434
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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 Hiawatha at 508 Iroquois Dr, Hiawatha, KS, 66434 earns $102/mo cash flow from $1,267/mo rent with a $857/mo payment. Total monthly income totals $1,267/mo, and annual cash flow totals $1,227/yr on $58,013 capital. ROI tracks 22.02% on current figures, and rental yield reads 8.69% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 114.86% and total cumulative return in cash sums $66,631. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,267/mo property income instead of your personal income.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66434, Hiawatha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,244 (100%) |
| Owner Occupied HU | 1,322 (58.9%) |
| Renter Occupied HU | 646 (28.8%) |
| Vacant Housing Units | 276 (12.3%) |
| Median Home Value | $147,619 |
| Average Home Value | $205,189 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
1,998
Multi-Family
99
Businesses
302
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