815A Forest Garden CirHutchinsonKS67502
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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 815A Forest Garden Cir, Hutchinson, KS, 67502 at $229,900 posts ROI 15.75% with from $1,265/mo rent. Total monthly income equals $1,265/mo. Return on cash invested measures 15.75% and rental yield reads 6.6% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 81.15% and total cumulative return in cash totals $61,847. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,265/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1994
10,018 sqft 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: BRENDA L KING • Coldwell Banker Americana, Realtors
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53470