710 Ross StEllisKS67637
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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
Investment property for sale in Ellis at 710 Ross St, Ellis, KS, 67637 with 5% annual appreciation on a $180,000 basis while $1,359/mo rent supports operations. Total monthly income totals $1,359/mo and a $881/mo payment preserves $162/mo for cash returns. Annual cash flow comes to $1,938/yr on $59,670 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 9.06%. Five-year ROI measures 120.91% and total cumulative return in cash totals $72,149.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,359/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67637, Ellis, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 865 (65.9%) |
| Renter Occupied HU | 261 (19.9%) |
| Vacant Housing Units | 186 (14.2%) |
| Median Home Value | $224,600 |
| Average Home Value | $340,029 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,085
Multi-Family
33
Businesses
88
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Listed by: Trevyn E Wolf • Platinum Group
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #204071
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.