103 W 6th StEllisKS67637
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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 Ellis at 103 W 6th St, Ellis, KS, 67637 listed at $130,000 pairs $0/mo rent with a $636/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -4.17% in year one, and rental yield registers 0% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67637, Ellis, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 865 (65.9%) |
| Renter Occupied HU | 261 (19.9%) |
| Vacant Housing Units | 186 (14.2%) |
| Median Home Value | $224,600 |
| Average Home Value | $340,029 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,085
Multi-Family
33
Businesses
88
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No similar rental properties found nearby.
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Listed by: Myrietta S Leach • Keller Williams Realty Signature Partners, LLC
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #204294
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.