531 Susan StGarden CityKS67846
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
Investment Highlights
Investment property for sale in Garden City at 531 Susan St, Garden City, KS, 67846 with 5% annual appreciation on a $399,900 basis while $2,922/mo rent supports operations. Total monthly income totals $2,922/mo and a $1,957/mo payment preserves $262/mo for cash returns. Annual cash flow comes to $3,142/yr on $132,567 deployed, and return on cash invested reaches 22.28% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 8.77%. Five-year ROI measures 116.15% and total cumulative return in cash totals $153,980.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,922/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67846, Garden City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,216 (100%) |
| Owner Occupied HU | 7,551 (57.1%) |
| Renter Occupied HU | 4,505 (34.1%) |
| Vacant Housing Units | 1,160 ( 8.8%) |
| Median Home Value | $220,198 |
| Average Home Value | $253,183 |
Housing Distribution
Address Breakdown
Residential
12,610
Single Family
11,904
Multi-Family
706
Businesses
1,517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Greenlee • MBA Real Estate
Mls Name: GCMLS, GARD
Mls ID: #100733