308 N Main StEllinwoodKS67526
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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 308 N Main St, Ellinwood, KS, 67526 listed at $148,000 pairs $840/mo rent with a $724/mo payment. Total monthly income runs $840/mo. Return on cash invested measures 16.38% in year one, and rental yield registers 6.81% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 84.53% and total cumulative return in cash totals $41,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $840/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,230 sqft 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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