406 Sheridan StEnsignKS67841
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 406 Sheridan St, Ensign, KS, 67841 in Ensign offers a clean, manageable entry. Rental yield 7.47%. DSCR 1.43 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $63,545 in additional property value over five years, with $2,118/yr in principal equity building ownership stake. Total projected cumulative return: $84,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.0% |
| Monthly Cash Flow | $(99) | $500 |
City averages based on Ensign market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,474 |
| Total Monthly Debt Service | $1,439 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1895
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67841, Ensign, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 126 (100%) |
| Owner Occupied HU | 90 (71.4%) |
| Renter Occupied HU | 18 (14.3%) |
| Vacant Housing Units | 18 (14.3%) |
| Median Home Value | $255,882 |
| Average Home Value | $261,083 |
Housing Distribution
Address Breakdown
Residential
74
Single Family
74
Multi-Family
0
Businesses
11
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
Single Family
Built in 1895
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67841, Ensign, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 126 (100%) |
| Owner Occupied HU | 90 (71.4%) |
| Renter Occupied HU | 18 (14.3%) |
| Vacant Housing Units | 18 (14.3%) |
| Median Home Value | $255,882 |
| Average Home Value | $261,083 |
Housing Distribution
Address Breakdown
Residential
74
Single Family
74
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olga Romo • New Image Realty
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100476
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.