323 Washington AveEllsworthKS67439
Nearby investment properties with comparable rents
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
Rental property for sale in Ellsworth at 323 Washington Ave, Ellsworth, KS, 67439 priced at $120,000 pairs $902/mo rent with $104/mo cash flow after a $587/mo payment. Total monthly income equals $902/mo, and annual cash flow comes to $1,248/yr on $39,780 invested. Return on cash invested is 23.05% in year one, and rental yield stands at 9.02% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 120.26% and total cumulative return in cash reaches $47,839. For financing, Ziffy Mortgage’s DSCR program evaluates $902/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1869
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67439, Ellsworth, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,431 (100%) |
| Owner Occupied HU | 875 (61.1%) |
| Renter Occupied HU | 317 (22.2%) |
| Vacant Housing Units | 239 (16.7%) |
| Median Home Value | $145,543 |
| Average Home Value | $178,529 |
Housing Distribution
Address Breakdown
Residential
1,254
Single Family
1,254
Multi-Family
0
Businesses
167
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