550 W Broadway AveHoisingtonKS67544
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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 Hoisington at 550 W Broadway Ave, Hoisington, KS, 67544 priced at $115,000 pairs $810/mo rent with $45/mo cash flow after a $563/mo payment. Total monthly income equals $810/mo, and annual cash flow comes to $537/yr on $38,123 invested. Return on cash invested is 21.32% in year one, and rental yield stands at 8.45% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 111.01% and total cumulative return in cash reaches $42,321. For financing, Ziffy Mortgage’s DSCR program evaluates $810/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67544, Hoisington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 969 (60.7%) |
| Renter Occupied HU | 372 (23.3%) |
| Vacant Housing Units | 255 (16.0%) |
| Median Home Value | $165,495 |
| Average Home Value | $192,131 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,304
Multi-Family
36
Businesses
118
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Listed by: Mac Holman • MPIRE Realty Group
Mls Name: Western Kansas AOR
Mls ID: #205023