801 N 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
Investment property for sale in Herington at 801 N Broadway St, Herington, KS, 67449 with 5% annual appreciation on a $130,000 basis while $986/mo rent supports operations. Total monthly income totals $986/mo and a $636/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,457/yr on $43,095 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.1%. Five-year ROI measures 121.64% and total cumulative return in cash totals $52,419.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $986/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
10,454 sqft 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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Listed by: Karon Lawrenz • Karon's Real Estate
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20241418
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.