W 9th RdNortonKS67654
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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 Norton at W 9th Rd, Norton, KS, 67654 offers $1,088/mo rent that, after a $1,459/mo payment. Total monthly income is $1,088/mo. Return on cash invested measures 9.04% in year one, and rental yield stands at 4.38% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 45.2% and total cumulative return in cash reaches $44,648. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,088/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67654, Norton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,099 (61.0%) |
| Renter Occupied HU | 419 (23.3%) |
| Vacant Housing Units | 283 (15.7%) |
| Median Home Value | $135,482 |
| Average Home Value | $169,916 |
Housing Distribution
Address Breakdown
Residential
1,582
Single Family
1,556
Multi-Family
26
Businesses
233
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