655 W 2nd StHoisingtonKS67544
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 655 W 2nd St, Hoisington, KS, 67544 in Hoisington earns a 9.52% gross yield at $209,000. Rent of $1,657/mo nets $267/mo after the $940/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $57,743 and $1,925/yr in equity accumulation project a total cumulative return of $96,830.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $267 | $250 |
City averages based on Hoisington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $1,307 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1906
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67544, Hoisington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 969 (60.7%) |
| Renter Occupied HU | 372 (23.3%) |
| Vacant Housing Units | 255 (16.0%) |
| Median Home Value | $165,495 |
| Average Home Value | $192,131 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,304
Multi-Family
36
Businesses
118
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
Single Family
Built in 1906
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67544, Hoisington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 969 (60.7%) |
| Renter Occupied HU | 372 (23.3%) |
| Vacant Housing Units | 255 (16.0%) |
| Median Home Value | $165,495 |
| Average Home Value | $192,131 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,304
Multi-Family
36
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mac Holman • MPIRE Realty Group
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #204364
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.