701 Sun AveNortonKS67654
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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 701 Sun Ave, Norton, KS, 67654 offers a 5.2% rental yield on a $320,000 purchase with $1,386/mo rent. 51% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 58.43% and total cumulative return in cash at $61,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,386/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.46 Acres 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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