303 Garfield AveOlmitzKS67564
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 303 Garfield Ave, Olmitz, KS, 67564 in Olmitz. Rental yield 0%. At $119,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $33,126 in new equity by year five, complemented by $1,104/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Olmitz market data in our database. Property projections are estimates.
Single Family
Built in 1900
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67564, Olmitz, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 120 (100%) |
| Owner Occupied HU | 86 (71.7%) |
| Renter Occupied HU | 7 ( 5.8%) |
| Vacant Housing Units | 27 (22.5%) |
| Median Home Value | $121,875 |
| Average Home Value | $185,785 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
92
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1900
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67564, Olmitz, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 120 (100%) |
| Owner Occupied HU | 86 (71.7%) |
| Renter Occupied HU | 7 ( 5.8%) |
| Vacant Housing Units | 27 (22.5%) |
| Median Home Value | $121,875 |
| Average Home Value | $185,785 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
92
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices