3260 NE 31st StGrantvilleKS66429
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3260 NE 31st St, Grantville, KS, 66429 in Grantville is capital appreciation. Rental yield 0%. The 0% gross yield at $215,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $59,401 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $320 |
City averages based on Grantville market data in our database. Property projections are estimates.
Single Family
Built in 1890
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66429, Grantville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 206 (76.6%) |
| Renter Occupied HU | 34 (12.6%) |
| Vacant Housing Units | 29 (10.8%) |
| Median Home Value | $171,196 |
| Average Home Value | $207,148 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
14
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 1890
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66429, Grantville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 206 (76.6%) |
| Renter Occupied HU | 34 (12.6%) |
| Vacant Housing Units | 29 (10.8%) |
| Median Home Value | $171,196 |
| Average Home Value | $207,148 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: LBORMLS as distributed by MLS GRID
Mls ID: #166122