800 Iroquois DrHiawathaKS66434
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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 Hiawatha at 800 Iroquois Dr, Hiawatha, KS, 66434 priced at $119,900 converts $552/mo rent into after a $587/mo obligation. Total monthly income equals $552/mo. Return on cash invested prints 12.49% in year one, and rental yield reads 5.52% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 63.73% and total cumulative return in cash sums $25,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $552/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66434, Hiawatha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,244 (100%) |
| Owner Occupied HU | 1,322 (58.9%) |
| Renter Occupied HU | 646 (28.8%) |
| Vacant Housing Units | 276 (12.3%) |
| Median Home Value | $147,619 |
| Average Home Value | $205,189 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
1,998
Multi-Family
99
Businesses
302
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Listed by: Mary Froese • NextHome Professionals
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #234111
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.