505 Morningside DrGarden CityMO64747
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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
Investment property for sale in Garden City at 505 Morningside Dr, Garden City, MO, 64747 at $135,000 posts ROI 19.88% with from $840/mo rent. Total monthly income equals $840/mo. Return on cash invested measures 19.88% and rental yield reads 7.47% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 102.73% and total cumulative return in cash totals $45,973. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64747, Garden City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 1,236 (76.8%) |
| Renter Occupied HU | 268 (16.6%) |
| Vacant Housing Units | 106 ( 6.6%) |
| Median Home Value | $290,060 |
| Average Home Value | $334,260 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,437
Multi-Family
0
Businesses
73
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Listed by: Tisha Good • Cory & Co. Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597491