321 Main StAshlandKS67831
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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 Ashland at 321 Main St, Ashland, KS, 67831 generates $1,391/mo in rent and, after a $783/mo payment, leaves $327/mo in cash flow. Total monthly income is $1,391/mo, and annual cash flow is $3,920/yr on $53,040 invested. Return on cash invested sits at 27.3% in year one, and rental yield is 10.43% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 143.1% and total cumulative return in cash sums $75,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,391/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67831, Ashland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 310 (59.4%) |
| Renter Occupied HU | 101 (19.3%) |
| Vacant Housing Units | 111 (21.3%) |
| Median Home Value | $69,167 |
| Average Home Value | $87,137 |
Housing Distribution
Address Breakdown
Residential
89
Single Family
89
Multi-Family
0
Businesses
82
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