510 S Adams StHugotonKS67951
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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
Rental property for sale in Hugoton at 510 S Adams St, Hugoton, KS, 67951 offers $1,620/mo rent that, after a $974/mo payment, leaves $296/mo cash flow. Total monthly income is $1,620/mo, and annual cash flow is $3,555/yr on $65,935 cash. Return on cash invested measures 25.3% in year one, and rental yield stands at 9.77% at a $198,900 entry. Equity gained on principal adds $1,283/yr while 5% annual appreciation compounds into $54,952 by year five. Five-year ROI records 132.42% and total cumulative return in cash reaches $87,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,620/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67951, Hugoton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 1,262 (61.7%) |
| Renter Occupied HU | 477 (23.3%) |
| Vacant Housing Units | 306 (15.0%) |
| Median Home Value | $155,664 |
| Average Home Value | $212,544 |
Housing Distribution
Address Breakdown
Residential
1,582
Single Family
1,566
Multi-Family
16
Businesses
214
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