517 N Hobart AveSeveryKS67137
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 Severy at 517 N Hobart Ave, Severy, KS, 67137 offers $786/mo rent that, after a $489/mo payment, leaves $121/mo cash flow. Total monthly income is $786/mo, and annual cash flow is $1,454/yr on $33,150 cash. Return on cash invested measures 24.3% in year one, and rental yield stands at 9.43% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 127.11% and total cumulative return in cash reaches $42,136. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $786/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67137, Severy, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 339 (100%) |
| Owner Occupied HU | 214 (63.1%) |
| Renter Occupied HU | 35 (10.3%) |
| Vacant Housing Units | 90 (26.5%) |
| Median Home Value | $108,333 |
| Average Home Value | $164,778 |
Housing Distribution
Address Breakdown
Residential
235
Single Family
235
Multi-Family
0
Businesses
33
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