625 N Bismark AveEllinwoodKS67526
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 625 N Bismark Ave, Ellinwood, KS, 67526 in Ellinwood, $149,000, 9.29% gross yield, $162/mo net income. Consider it a market-entry position, the $1,153/mo rent covers the $670/mo payment with a margin, and 5%/yr appreciation is projected to add $41,166 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.72) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $67,192.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 10.0% |
| Monthly Cash Flow | $162 | $450 |
City averages based on Ellinwood market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,153 |
| Total Monthly Debt Service | $932 |
| DSCR Ratio | 1.24x |
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 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67526, Ellinwood, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 774 (64.1%) |
| Renter Occupied HU | 279 (23.1%) |
| Vacant Housing Units | 155 (12.8%) |
| Median Home Value | $158,152 |
| Average Home Value | $194,619 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,099
Multi-Family
4
Businesses
113
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 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67526, Ellinwood, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 774 (64.1%) |
| Renter Occupied HU | 279 (23.1%) |
| Vacant Housing Units | 155 (12.8%) |
| Median Home Value | $158,152 |
| Average Home Value | $194,619 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,099
Multi-Family
4
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices