603 E Main StNortonKS67654
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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 Norton at 603 E Main St, Norton, KS, 67654 with 5% annual appreciation on a $300,000 basis while $1,890/mo rent supports operations. 64% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 7.56%. Five-year ROI measures 96.64% and total cumulative return in cash totals $96,108. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,890/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67654, Norton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,099 (61.0%) |
| Renter Occupied HU | 419 (23.3%) |
| Vacant Housing Units | 283 (15.7%) |
| Median Home Value | $135,482 |
| Average Home Value | $169,916 |
Housing Distribution
Address Breakdown
Residential
1,582
Single Family
1,556
Multi-Family
26
Businesses
233
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