2206 N 9th StGarden CityKS67846
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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 Garden City at 2206 N 9th St, Garden City, KS, 67846 earns $513/mo cash flow from $2,310/mo rent with a $1,322/mo payment. Total monthly income totals $2,310/mo, and annual cash flow totals $6,159/yr on $89,505 capital. ROI tracks 26.79% on current figures, and rental yield reads 10.27% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 140.4% and total cumulative return in cash sums $125,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,310/mo property income instead of your personal income.
Single Family
Built in 1972
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67846, Garden City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,216 (100%) |
| Owner Occupied HU | 7,551 (57.1%) |
| Renter Occupied HU | 4,505 (34.1%) |
| Vacant Housing Units | 1,160 ( 8.8%) |
| Median Home Value | $220,198 |
| Average Home Value | $253,183 |
Housing Distribution
Address Breakdown
Residential
12,610
Single Family
11,904
Multi-Family
706
Businesses
1,517
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Listed by: Pamela Chyba • List With Freedom.com
Mls Name: My State MLS
Mls ID: #11364222