2367 H RdGarfieldKS67529
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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
Rental property for sale in Garfield at 2367 H Rd, Garfield, KS, 67529 offers $1,185/mo rent that, after a $734/mo payment, leaves $187/mo cash flow. Total monthly income is $1,185/mo, and annual cash flow is $2,249/yr on $49,692 cash. Return on cash invested measures 24.44% in year one, and rental yield stands at 9.49% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 127.77% and total cumulative return in cash reaches $63,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,185/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
4.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67529, Garfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 85 (59.9%) |
| Renter Occupied HU | 20 (14.1%) |
| Vacant Housing Units | 37 (26.1%) |
| Median Home Value | $74,375 |
| Average Home Value | $125,353 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
4
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Listed by: Lisa M Schartz • Picket Fence Real Estate LLC
Mls Name: HAYS
Mls Provider:
Mls ID: #203810
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