2 W Ash StHeringtonKS67449
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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 Herington at 2 W Ash St, Herington, KS, 67449 priced at $170,500 converts $780/mo rent into after a $835/mo obligation. Total monthly income equals $780/mo. Return on cash invested prints 12.38% in year one, and rental yield reads 5.49% against a $170,500 entry. Equity gained on principal adds $1,100/yr, while 5% annual appreciation compiles into $47,106 by year five. Five-year ROI reaches 63.14% and total cumulative return in cash sums $35,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $780/mo property income covering a $835/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67449, Herington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 850 (53.7%) |
| Renter Occupied HU | 344 (21.7%) |
| Vacant Housing Units | 390 (24.6%) |
| Median Home Value | $95,357 |
| Average Home Value | $130,212 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,197
Multi-Family
89
Businesses
108
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