619 S Broadway 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 619 S Broadway St, Herington, KS, 67449 generates $776/mo in rent, after a $1,290/mo payment. Total monthly income is $776/mo. Return on cash invested sits at 6.48% in year one, and rental yield is 3.53% on a $263,500 entry. Equity gained on principal adds $1,700/yr, while 5% annual appreciation builds toward $72,800 over five years. Five-year ROI reaches 31.45% and total cumulative return in cash sums $27,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $776/mo property income rather than buyer’s personal income.
Multi Family
Built in 1942
0.49 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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