307 N Gardner StSharon SpringsKS67758
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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 Sharon Springs at 307 N Gardner St, Sharon Springs, KS, 67758 with 5% annual appreciation on a $238,500 basis while $2,011/mo rent supports operations. Total monthly income totals $2,011/mo and a $1,167/mo payment preserves $425/mo for cash returns. Annual cash flow comes to $5,096/yr on $79,063 deployed, and return on cash invested reaches 26.35% in year one. Equity gained on principal adds $1,539/yr, and five-year appreciation sums $65,893 alongside rental yield of 10.12%. Five-year ROI measures 138.03% and total cumulative return in cash totals $109,127.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,011/mo property income versus a $1,167/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67758, Sharon Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 485 (100%) |
| Owner Occupied HU | 308 (63.5%) |
| Renter Occupied HU | 101 (20.8%) |
| Vacant Housing Units | 76 (15.7%) |
| Median Home Value | $98,000 |
| Average Home Value | $161,802 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
82
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Listed by: Tom Harrison • Harrison Realty & Auction
Mls Name: Southwest Kansas MLS
Mls ID: #14083