305 S Broadway StHeringtonKS67449
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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
Investment Highlights
Investment property for sale in Herington at 305 S Broadway St, Herington, KS, 67449 at $165,000 posts ROI 24.93% with $229/mo cash flow from $1,327/mo rent. Total monthly income equals $1,327/mo, and annual cash flow records $2,746/yr on $54,698 to close. Return on cash invested measures 24.93% and rental yield reads 9.65% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 130.38% and total cumulative return in cash totals $71,315.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,327/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
8,712 sqft 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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