31430 County Highway S27Garden CityIA50102
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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 31430 County Highway S27, Garden City, IA, 50102 offers a 7.68% rental yield on a $215,000 purchase with $1,376/mo rent. 57% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 101.43% and total cumulative return in cash at $72,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,376/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50102, Garden City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46 (100%) |
| Owner Occupied HU | 36 (78.3%) |
| Renter Occupied HU | 10 (21.7%) |
| Vacant Housing Units | 0 |
| Median Home Value | $137,500 |
| Average Home Value | $165,417 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
2
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Listed by: Anthony Massman • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls ID: #69055