30019 S Morrow RdGarden CityMO64747
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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 Garden City at 30019 S Morrow Rd, Garden City, MO, 64747 generates $3,725/mo in rent, after a $3,820/mo payment. Total monthly income is $3,725/mo. Return on cash invested sits at 14.75% in year one, and rental yield is 5.73% on a $780,400 entry. Equity gained on principal adds $5,036/yr, while 5% annual appreciation builds toward $215,610 over five years. Five-year ROI reaches 75.21% and total cumulative return in cash sums $193,114. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,725/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
21.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64747, Garden City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 1,236 (76.8%) |
| Renter Occupied HU | 268 (16.6%) |
| Vacant Housing Units | 106 ( 6.6%) |
| Median Home Value | $290,060 |
| Average Home Value | $334,260 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,437
Multi-Family
0
Businesses
73
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Listed by: N/A • N/A
Mls Name: ReeceNichols Real Estate
Mls Provider:
Mls ID: #2508581