532 W 9th AveAshlandKS67831
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 Ashland at 532 W 9th Ave, Ashland, KS, 67831 generates $1,176/mo in rent and, after a $734/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,176/mo, and annual cash flow is $2,139/yr on $49,725 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.41% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash sums $62,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,176/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices