511 N Western AveGirardKS66743
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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 Girard at 511 N Western Ave, Girard, KS, 66743 listed at $550,000 pairs $990/mo rent with a $2,692/mo payment. Total monthly income runs $990/mo. Return on cash invested measures 2.36% in year one, and rental yield registers 2.16% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 9.32% and total cumulative return in cash totals $16,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $990/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1967
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66743, Girard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 1,250 (66.1%) |
| Renter Occupied HU | 474 (25.1%) |
| Vacant Housing Units | 166 ( 8.8%) |
| Median Home Value | $151,656 |
| Average Home Value | $193,430 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,715
Multi-Family
26
Businesses
186
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Listed by: Ashlee Ricks • ReeceNichols Sunflower Joplin
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #235792
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.