609 Central AveHoytKS66440
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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 Hoyt at 609 Central Ave, Hoyt, KS, 66440 uses $66,300 cash to close to unlock $1,192/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $1,430/mo, and a $979/mo payment keeps the spread at $99/mo. Purchase price stands at $200,000, and rental yield measures 8.58% with $1,430/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 113.13% and total cumulative return in cash records $75,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,430/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66440, Hoyt, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 657 (78.8%) |
| Renter Occupied HU | 117 (14.0%) |
| Vacant Housing Units | 60 ( 7.2%) |
| Median Home Value | $198,459 |
| Average Home Value | $214,365 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
704
Multi-Family
0
Businesses
22
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