501 S Garfield StJunction CityKS66441
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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
Rental property for sale in Junction City at 501 S Garfield St, Junction City, KS, 66441 priced at $166,000 pairs $1,620/mo rent with $516/mo cash flow after a $812/mo payment. Total monthly income equals $1,620/mo, and annual cash flow comes to $6,193/yr on $55,029 invested. Return on cash invested is 31.16% in year one, and rental yield stands at 11.71% on a $166,000 basis. Equity gained on principal adds $1,071/yr, and 5% annual appreciation accumulates to $45,863 by year five. Five-year ROI measures 163.88% and total cumulative return in cash reaches $90,181. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $812/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66441, Junction City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,123 (40.1%) |
| Renter Occupied HU | 5,432 (42.6%) |
| Vacant Housing Units | 2,206 (17.3%) |
| Median Home Value | $172,422 |
| Average Home Value | $196,382 |
Housing Distribution
Address Breakdown
Residential
11,704
Single Family
10,663
Multi-Family
1,041
Businesses
881
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Listed by: Lauren Farwell • K.W. One Legacy Partners
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20242672
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.