404 Northern AveGarden PlainKS67050
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
Rental property for sale in Garden Plain at 404 Northern Ave, Garden Plain, KS, 67050 priced at $256,990 pairs $2,328/mo rent with $618/mo cash flow after a $1,258/mo payment. Total monthly income equals $2,328/mo, and annual cash flow comes to $7,418/yr on $85,192 invested. Return on cash invested is 28.62% in year one, and rental yield stands at 10.87% on a $256,990 basis. Equity gained on principal adds $1,658/yr, and 5% annual appreciation accumulates to $71,002 by year five. Five-year ROI measures 150.18% and total cumulative return in cash reaches $127,940. For financing, Ziffy Mortgage’s DSCR program evaluates $2,328/mo property income against a $1,258/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67050, Garden Plain, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 674 (85.5%) |
| Renter Occupied HU | 84 (10.7%) |
| Vacant Housing Units | 30 ( 3.8%) |
| Median Home Value | $338,129 |
| Average Home Value | $361,936 |
Housing Distribution
Address Breakdown
Residential
608
Single Family
608
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Alta Edwards • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #643531
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.