371 N Evergreen StGardnerKS66030
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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 Gardner at 371 N Evergreen St, Gardner, KS, 66030 with 5% annual appreciation on a $285,000 basis while $2,370/mo rent supports operations. Total monthly income totals $2,370/mo and a $1,395/mo payment preserves $474/mo for cash returns. Annual cash flow comes to $5,686/yr on $94,478 deployed, and return on cash invested reaches 25.93% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 9.98%. Five-year ROI measures 135.73% and total cumulative return in cash totals $128,238.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,370/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
4,503 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66030, Gardner, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,000 (100%) |
| Owner Occupied HU | 6,213 (62.1%) |
| Renter Occupied HU | 3,431 (34.3%) |
| Vacant Housing Units | 356 ( 3.6%) |
| Median Home Value | $328,421 |
| Average Home Value | $379,219 |
Housing Distribution
Address Breakdown
Residential
9,987
Single Family
9,056
Multi-Family
931
Businesses
423
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