553 W 1st StHoisingtonKS67544
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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 Hoisington at 553 W 1st St, Hoisington, KS, 67544 offers a 6.17% rental yield on a $157,500 purchase with $810/mo rent. 44% in year one. Equity gained on principal adds $1,016/yr while 5% annual appreciation supports $43,514 over five years. Portfolio math shows five-year ROI at 74.21% and total cumulative return in cash at $38,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $771/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.32 Acres 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: Carla J Richards • Coldwell Banker Sell Real Estate
Mls Name: Western Kansas AOR
Mls ID: #205107