411 N 8th StHeringtonKS67449
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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 Herington at 411 N 8th St, Herington, KS, 67449 offers $831/mo rent that, after a $514/mo payment, leaves $65/mo cash flow. Total monthly income is $831/mo, and annual cash flow is $782/yr on $34,808 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 9.5% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 116.46% and total cumulative return in cash reaches $40,538. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $831/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67449, Herington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 850 (53.7%) |
| Renter Occupied HU | 344 (21.7%) |
| Vacant Housing Units | 390 (24.6%) |
| Median Home Value | $95,357 |
| Average Home Value | $130,212 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,197
Multi-Family
89
Businesses
108
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Listed by: Karon Lawrenz • Karon's Real Estate
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251013
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.