248 SE 140th AveEllinwoodKS67526
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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 Ellinwood at 248 SE 140th Ave, Ellinwood, KS, 67526 listed at $295,500 pairs $1,435/mo rent with a $1,446/mo payment. Total monthly income runs $1,435/mo. Return on cash invested measures 13.41% in year one, and rental yield registers 5.83% at a $295,500 basis. Equity gained on principal adds $1,907/yr, and annual property appreciation at 5% supports $81,641 by year five. Five-year ROI tracks 68.62% and total cumulative return in cash totals $67,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,435/mo property income relative to a $1,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67526, Ellinwood, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 774 (64.1%) |
| Renter Occupied HU | 279 (23.1%) |
| Vacant Housing Units | 155 (12.8%) |
| Median Home Value | $158,152 |
| Average Home Value | $194,619 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,099
Multi-Family
4
Businesses
113
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