605 N State 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 605 N State St, Norton, KS, 67654 at $103,500 posts ROI 24.04% with $118/mo cash flow from $807/mo rent. Total monthly income equals $807/mo, and annual cash flow records $1,416/yr on $34,310 to close. Return on cash invested measures 24.04% and rental yield reads 9.36% at the current $103,500. Equity gained on principal adds $668/yr, and 5% annual appreciation supports $28,595 by year five. Five-year ROI prints 125.73% and total cumulative return in cash totals $43,139.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $807/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,969 sqft 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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