6 Banyard DrSouth HutchinsonKS67505
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6 Banyard Dr, South Hutchinson, KS, 67505 in South Hutchinson earns a respectable 8.13% gross yield at $187,500, but after the $843/mo mortgage the net cash flow is $22/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.51) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $51,803 over five years, making equity the dominant return driver. Total projected return: $72,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $22 | $250 |
City averages based on South Hutchinson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,270 |
| Total Monthly Debt Service | $1,173 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67505, South Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 694 (53.6%) |
| Renter Occupied HU | 475 (36.7%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $155,178 |
| Average Home Value | $189,200 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,048
Multi-Family
93
Businesses
121
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
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67505, South Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 694 (53.6%) |
| Renter Occupied HU | 475 (36.7%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $155,178 |
| Average Home Value | $189,200 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,048
Multi-Family
93
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Mid Kansas MLS & Prairie Land Realtors as distributed by MLS GRID
Mls ID: #54544