516 4th StGridleyKS66852
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 516 4th St, Gridley, KS, 66852 in Gridley earns a 10.18% gross yield at $179,000. Rent of $1,519/mo nets $328/mo after the $805/mo mortgage. The 1.89 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $49,454 and $1,649/yr in equity accumulation project a total cumulative return of $89,379.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 8.9% |
| Monthly Cash Flow | $328 | $450 |
City averages based on Gridley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,519 |
| Total Monthly Debt Service | $1,120 |
| DSCR Ratio | 1.36x |
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 1978
1 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
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 1978
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices