1022 E Part St #1022GardnerKS66030
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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 Gardner at 1022 E Part St #1022, Gardner, KS, 66030 listed at $155,900 pairs $1,198/mo rent with a $763/mo payment to leave $161/mo cash flow. Total monthly income runs $1,198/mo, and annual cash flow reaches $1,931/yr on $51,681 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 9.22% at a $155,900 basis. Equity gained on principal adds $1,006/yr, and annual property appreciation at 5% supports $43,072 by year five. Five-year ROI tracks 123.48% and total cumulative return in cash totals $63,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,198/mo property income relative to a $763/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66030, Gardner, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,000 (100%) |
| Owner Occupied HU | 6,213 (62.1%) |
| Renter Occupied HU | 3,431 (34.3%) |
| Vacant Housing Units | 356 ( 3.6%) |
| Median Home Value | $328,421 |
| Average Home Value | $379,219 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,056
Multi-Family
931
Businesses
423
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