600 Washington AveEllsworthKS67439
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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 600 Washington Ave, Ellsworth, KS, 67439 priced at $197,500 converts $1,489/mo rent into $175/mo cash flow after a $967/mo obligation. Total monthly income equals $1,489/mo, and annual cash flow totals $2,097/yr on $65,471 invested. Return on cash invested prints 23.11% in year one, and rental yield reads 9.05% against a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,566 by year five. Five-year ROI reaches 120.64% and total cumulative return in cash sums $78,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,489/mo property income covering a $967/mo payment, not borrower’s personal income.
Single Family
Built in 1926
0.50 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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