2913 Loraine PlGarden 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 2913 Loraine Pl, Garden City, KS, 67846 at $242,500 posts ROI 26.47% with $440/mo cash flow from $2,120/mo rent. Total monthly income equals $2,120/mo, and annual cash flow records $5,274/yr on $80,389 to close. Return on cash invested measures 26.47% and rental yield reads 10.49% at the current $242,500. Equity gained on principal adds $1,565/yr, and 5% annual appreciation supports $66,998 by year five. Five-year ROI prints 139.01% and total cumulative return in cash totals $111,751.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
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: Abigail Franco • Coldwell Banker The Real Estate Shoppe
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100380
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.