1113 State StEllsworthKS67439
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.03% yield at 1113 State St, Ellsworth, KS, 67439 in Ellsworth is solid, but the $1,079/mo payment compresses net cash flow to $9/mo at $240,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $66,308 by year five, and $2,210/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.49) without U.S. income documentation. Total projected return: $92,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $9 | $450 |
City averages based on Ellsworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,606 |
| Total Monthly Debt Service | $1,501 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67439, Ellsworth, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,431 (100%) |
| Owner Occupied HU | 875 (61.1%) |
| Renter Occupied HU | 317 (22.2%) |
| Vacant Housing Units | 239 (16.7%) |
| Median Home Value | $145,543 |
| Average Home Value | $178,529 |
Housing Distribution
Address Breakdown
Residential
1,254
Single Family
1,254
Multi-Family
0
Businesses
167
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
Single Family
Built in 1930
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67439, Ellsworth, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,431 (100%) |
| Owner Occupied HU | 875 (61.1%) |
| Renter Occupied HU | 317 (22.2%) |
| Vacant Housing Units | 239 (16.7%) |
| Median Home Value | $145,543 |
| Average Home Value | $178,529 |
Housing Distribution
Address Breakdown
Residential
1,254
Single Family
1,254
Multi-Family
0
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices