712 W 22nd AveHutchinsonKS67502
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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
Rental property for sale in Hutchinson at 712 W 22nd Ave, Hutchinson, KS, 67502 generates $1,220/mo in rent and, after a $685/mo payment, leaves $289/mo in cash flow. Total monthly income is $1,220/mo, and annual cash flow is $3,466/yr on $46,410 invested. Return on cash invested sits at 27.38% in year one, and rental yield is 10.46% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 143.53% and total cumulative return in cash sums $66,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67502, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 7,500 (68.3%) |
| Renter Occupied HU | 2,649 (24.1%) |
| Vacant Housing Units | 828 ( 7.5%) |
| Median Home Value | $203,460 |
| Average Home Value | $244,115 |
Housing Distribution
Address Breakdown
Residential
10,201
Single Family
9,484
Multi-Family
717
Businesses
400
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Listed by: Lyle Goertzen • Align Realty, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53983