405 E Grant AveGreensburgKS67054
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 Greensburg at 405 E Grant Ave, Greensburg, KS, 67054 offers $1,106/mo rent that, after a $808/mo payment, leaves $8/mo cash flow. Total monthly income is $1,106/mo, and annual cash flow is $94/yr on $54,698 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.04% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 104.38% and total cumulative return in cash reaches $57,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,106/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67054, Greensburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 283 (54.6%) |
| Renter Occupied HU | 146 (28.2%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $211,066 |
| Average Home Value | $214,161 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
106
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Nearby investment properties with comparable prices
Listed by: Michelle L Salinas • Re/max Villa
Mls Name: Dodge City BOR
Mls ID: #14677
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.