1046 Park StGardnerKS66030
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 Park St, Gardner, KS, 66030 priced at $149,900 converts $1,189/mo rent into $191/mo cash flow after a $734/mo obligation. Total monthly income equals $1,189/mo, and annual cash flow totals $2,297/yr on $49,692 invested. Return on cash invested prints 24.53% in year one, and rental yield reads 9.52% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 128.3% and total cumulative return in cash sums $63,755. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,189/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
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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