602 Main StGarden 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 602 Main St, Garden City, MO, 64747 at $130,000 posts ROI 20.76% with $31/mo cash flow from $840/mo rent. Total monthly income equals $840/mo, and annual cash flow records $368/yr on $43,095 to close. Return on cash invested measures 20.76% and rental yield reads 7.75% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 107.49% and total cumulative return in cash totals $46,323.
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 1910
10,640 sqft 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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Nearby investment properties with comparable prices
Listed by: Victoria Brashears • KW KANSAS CITY METRO
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2549580
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-18 10:47:58 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604