1046 E Park St #1046GardnerKS66030
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
Investment Highlights
Rental property for sale in Gardner at 1046 E Park St #1046, Gardner, KS, 66030 generates $1,115/mo in rent and, after a $680/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,115/mo, and annual cash flow is $2,287/yr on $46,079 invested. Return on cash invested sits at 24.87% in year one, and rental yield is 9.63% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 130.07% and total cumulative return in cash sums $59,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,115/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices