21301 NW 1700th RdGarnettKS66032
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play21301 NW 1700th Rd, Garnett, KS, 66032 in Garnett is priced for appreciation, not yield. Rental yield 1.56%. At $1,925,450 with a 1.56% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $531,966 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.29) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $70,571.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 6.5% |
| Monthly Cash Flow | $(10,310) | $400 |
City averages based on Garnett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,500 |
| Total Monthly Debt Service | $12,044 |
| DSCR Ratio | 0.21x |
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.
Single Family
Built in 2006
137.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66032, Garnett, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,240 (100%) |
| Owner Occupied HU | 1,448 (64.6%) |
| Renter Occupied HU | 552 (24.6%) |
| Vacant Housing Units | 240 (10.7%) |
| Median Home Value | $158,007 |
| Average Home Value | $167,115 |
Housing Distribution
Address Breakdown
Residential
2,045
Single Family
1,968
Multi-Family
77
Businesses
223
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
Single Family
Built in 2006
137.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66032, Garnett, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,240 (100%) |
| Owner Occupied HU | 1,448 (64.6%) |
| Renter Occupied HU | 552 (24.6%) |
| Vacant Housing Units | 240 (10.7%) |
| Median Home Value | $158,007 |
| Average Home Value | $167,115 |
Housing Distribution
Address Breakdown
Residential
2,045
Single Family
1,968
Multi-Family
77
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices