1199 E Santa Fe #357GardnerKS66030
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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 1199 E Santa Fe #357, Gardner, KS, 66030 offers a 9.2% rental yield on a $117,900 purchase with $904/mo rent. Total monthly income registers $904/mo, and a $577/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,436/yr on $39,084 to close, and return on cash invested stands at 23.58% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,574 over five years. Portfolio math shows five-year ROI at 123.17% and total cumulative return in cash at $48,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $904/mo property income against a $577/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
1,568 sqft 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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