206 E Garfield AveGreensburgKS67054
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 206 E Garfield Ave, Greensburg, KS, 67054 in Greensburg fits: $225,000, 5.6% gross yield, and a projected 5% annual appreciation rate adding $62,163 in value within five years. Rental yield 5.6%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.04) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,072/yr in principal paydown and $62,163 in appreciation project a total return of $57,036.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 7.0% |
| Monthly Cash Flow | $(447) | $200 |
City averages based on Greensburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,050 |
| Total Monthly Debt Service | $1,407 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2020
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67054, Greensburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 283 (54.6%) |
| Renter Occupied HU | 146 (28.2%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $211,066 |
| Average Home Value | $214,161 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
106
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
Multi Family
Built in 2020
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67054, Greensburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 283 (54.6%) |
| Renter Occupied HU | 146 (28.2%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $211,066 |
| Average Home Value | $214,161 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trevyn E Wolf • Platinum Group
Mls Name: Western Kansas AOR
Mls ID: #204880