742 S Meadows DrHesstonKS67062
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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 Hesston at 742 S Meadows Dr, Hesston, KS, 67062 generates $2,599/mo in rent and, after a $1,167/mo payment, leaves $895/mo in cash flow. Total monthly income is $2,599/mo, and annual cash flow is $10,737/yr on $79,063 invested. Return on cash invested sits at 33.49% in year one, and rental yield is 13.08% on a $238,500 entry. Equity gained on principal adds $1,539/yr, while 5% annual appreciation builds toward $65,893 over five years. Five-year ROI reaches 176.93% and total cumulative return in cash sums $139,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,599/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67062, Hesston, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,053 (65.9%) |
| Renter Occupied HU | 432 (27.1%) |
| Vacant Housing Units | 112 ( 7.0%) |
| Median Home Value | $213,584 |
| Average Home Value | $244,585 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,440
Multi-Family
104
Businesses
138
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