516 Hilltop StElkhartKS67950
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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 Elkhart at 516 Hilltop St, Elkhart, KS, 67950 earns $201/mo cash flow from $1,334/mo rent with a $643/mo payment. Total monthly income totals $1,334/mo, and annual cash flow totals $2,407/yr on $43,559 capital. ROI tracks 25.43% on current figures, and rental yield reads 12.18% at a $131,400 purchase. Equity gained on principal adds $848/yr, and 5% annual appreciation supports $36,303 over five years. Five-year ROI reaches 135.73% and total cumulative return in cash sums $59,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,334/mo property income instead of your personal income.
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67950, Elkhart, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 550 (56.6%) |
| Renter Occupied HU | 229 (23.6%) |
| Vacant Housing Units | 192 (19.8%) |
| Median Home Value | $101,750 |
| Average Home Value | $112,977 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
102
Multi-Family
20
Businesses
107
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