902 S Polk StHugotonKS67951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hugoton at 902 S Polk St, Hugoton, KS, 67951 uses $55,394 cash to close to unlock $6,204/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $1,656/mo, and a $818/mo payment keeps the spread at $517/mo. Purchase price stands at $167,100, and rental yield measures 11.89% with $1,656/mo rent. Return on cash invested shows 31.11% in year one, and 5% annual appreciation builds toward $46,167 over five years. Five-year ROI reaches 163.81% and total cumulative return in cash records $90,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,656/mo property income covering a $818/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67951, Hugoton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 1,262 (61.7%) |
| Renter Occupied HU | 477 (23.3%) |
| Vacant Housing Units | 306 (15.0%) |
| Median Home Value | $155,664 |
| Average Home Value | $212,544 |
Housing Distribution
Address Breakdown
Residential
1,582
Single Family
1,566
Multi-Family
16
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices