307 E 15th StEllisKS67637
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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 Ellis at 307 E 15th St, Ellis, KS, 67637 generates $0/mo in rent, after a $673/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.17% in year one, and rental yield is 0% on a $137,500 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation builds toward $37,989 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67637, Ellis, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 865 (65.9%) |
| Renter Occupied HU | 261 (19.9%) |
| Vacant Housing Units | 186 (14.2%) |
| Median Home Value | $224,600 |
| Average Home Value | $340,029 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,085
Multi-Family
33
Businesses
88
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No similar rental properties found nearby.
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