31534 Market StGarden CityIA50102
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Garden City at 31534 Market St, Garden City, IA, 50102 offers a 9.28% rental yield on a $100,000 purchase with $773/mo rent. Total monthly income registers $773/mo, and a $489/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,488/yr on $33,150 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 127.29% and total cumulative return in cash at $42,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $773/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A