803 E 7th 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
Rental property for sale in Hutchinson at 803 E 7th Ave, Hutchinson, KS, 67501 generates $899/mo in rent and, after a $578/mo payment, leaves $114/mo in cash flow. Total monthly income is $899/mo, and annual cash flow is $1,362/yr on $39,117 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 9.14% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 122.2% and total cumulative return in cash sums $47,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $899/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
6,969 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: Jessica Schmidt • Reign Real Estate
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #54016