229 E 11th StHaysKS67601
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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 Hays at 229 E 11th St, Hays, KS, 67601 generates $960/mo in rent, after a $915/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 14.42% in year one, and rental yield is 6.16% on a $187,000 entry. Equity gained on principal adds $1,207/yr, while 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 74.05% and total cumulative return in cash sums $45,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67601, Hays, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,258 (100%) |
| Owner Occupied HU | 6,001 (53.3%) |
| Renter Occupied HU | 4,100 (36.4%) |
| Vacant Housing Units | 1,157 (10.3%) |
| Median Home Value | $263,498 |
| Average Home Value | $304,935 |
Housing Distribution
Address Breakdown
Residential
10,841
Single Family
9,875
Multi-Family
966
Businesses
1,315
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