111 E 12th 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 111 E 12th St, Ellis, KS, 67637 uses $44,620 cash to close to unlock $1,981/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $1,096/mo, and a $659/mo payment keeps the spread at $165/mo. Purchase price stands at $134,600, and rental yield measures 9.77% with $1,096/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $37,188 over five years. Five-year ROI reaches 127.71% and total cumulative return in cash records $56,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,096/mo property income covering a $659/mo payment rather than investor’s personal income.
Multi Family
Built in 1919
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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