713 E 8th AveHutchinsonKS67501
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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 Hutchinson at 713 E 8th Ave, Hutchinson, KS, 67501 at $133,900 posts ROI 27.09% with $266/mo cash flow from $1,156/mo rent. Total monthly income equals $1,156/mo, and annual cash flow records $3,187/yr on $44,388 to close. Return on cash invested measures 27.09% and rental yield reads 10.36% at the current $133,900. Equity gained on principal adds $864/yr, and 5% annual appreciation supports $36,994 by year five. Five-year ROI prints 141.99% and total cumulative return in cash totals $63,027.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67501, Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,371 (100%) |
| Owner Occupied HU | 5,645 (49.6%) |
| Renter Occupied HU | 4,047 (35.6%) |
| Vacant Housing Units | 1,679 (14.8%) |
| Median Home Value | $98,322 |
| Average Home Value | $154,618 |
Housing Distribution
Address Breakdown
Residential
10,359
Single Family
10,020
Multi-Family
339
Businesses
1,045
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Listed by: LUKE MCCONNAUGHY • Real Broker, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51633
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.