617 E Hancock StMcPhersonKS67460
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
Investment Highlights
Investment property for sale in McPherson at 617 E Hancock St, McPherson, KS, 67460 at $188,000 posts ROI 29.73% with $510/mo cash flow from $1,769/mo rent. Total monthly income equals $1,769/mo, and annual cash flow records $6,118/yr on $62,322 to close. Return on cash invested measures 29.73% and rental yield reads 11.29% at the current $188,000. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 by year five. Five-year ROI prints 156.15% and total cumulative return in cash totals $97,316.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,769/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67460, Mcpherson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,280 (100%) |
| Owner Occupied HU | 4,458 (61.2%) |
| Renter Occupied HU | 2,088 (28.7%) |
| Vacant Housing Units | 734 (10.1%) |
| Median Home Value | $225,576 |
| Average Home Value | $256,575 |
Housing Distribution
Address Breakdown
Residential
6,870
Single Family
6,415
Multi-Family
455
Businesses
715
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Listed by: Kayla Phillips • Sheets-Adams, REALTORS - Hutchinson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53427
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.