321 Rowland CirGarden CityKS67846
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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 321 Rowland Cir, Garden City, KS, 67846 priced at $277,900 converts $1,980/mo rent into $131/mo cash flow after a $1,360/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $1,576/yr on $92,124 invested. Return on cash invested prints 21.62% in year one, and rental yield reads 8.55% against a $277,900 entry. Equity gained on principal adds $1,793/yr, while 5% annual appreciation compiles into $76,779 by year five. Five-year ROI reaches 112.65% and total cumulative return in cash sums $103,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,360/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67846, Garden City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,216 (100%) |
| Owner Occupied HU | 7,551 (57.1%) |
| Renter Occupied HU | 4,505 (34.1%) |
| Vacant Housing Units | 1,160 ( 8.8%) |
| Median Home Value | $220,198 |
| Average Home Value | $253,183 |
Housing Distribution
Address Breakdown
Residential
12,610
Single Family
11,904
Multi-Family
706
Businesses
1,517
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Listed by: Carmen Guzman • Home Town Real Estate P.A.
Mls Name: Kansas High Plains AOR
Mls ID: #100767