493 K 48 HwyHighway GridleyKS66852
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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
Total monthly income runs $0/mo, and a $1,126/mo payment. Purchase price stands at $230,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -4.18% in year one, and 5% annual appreciation builds toward $63,545 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66852, Gridley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 286 (100%) |
| Owner Occupied HU | 181 (63.3%) |
| Renter Occupied HU | 55 (19.2%) |
| Vacant Housing Units | 50 (17.5%) |
| Median Home Value | $166,447 |
| Average Home Value | $204,157 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
240
Multi-Family
0
Businesses
23
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Listed by: Shalena Rohrer • TrustPoint Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582822