502 N Pear St #3NUYUUGardnerKS66030
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 502 N Pear St #3NUYUU, Gardner, KS, 66030 in Gardner. At $377,700 it earns $2,740/mo in rent and distributes $227/mo to the owner after the $1,698/mo payment, a consistent 8.7% yield. DSCR 1.61 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $104,352 in value; $3,479/yr in principal paydown compounds ownership stake. Total projected return: $158,623.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $227 | $1,200 |
City averages based on Gardner market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,740 |
| Total Monthly Debt Service | $2,362 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
N/A 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
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
Single Family
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices