605 Central AveHortonKS66439
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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 Horton at 605 Central Ave, Horton, KS, 66439 priced at $100,000 converts $760/mo rent into $95/mo cash flow after a $489/mo obligation. Total monthly income equals $760/mo, and annual cash flow totals $1,142/yr on $33,150 invested. Return on cash invested prints 23.35% in year one, and rental yield reads 9.12% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 122.08% and total cumulative return in cash sums $40,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $760/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66439, Horton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 683 (57.7%) |
| Renter Occupied HU | 287 (24.3%) |
| Vacant Housing Units | 213 (18.0%) |
| Median Home Value | $95,395 |
| Average Home Value | $150,121 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,013
Multi-Family
31
Businesses
120
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