660 S Randy LnGarden CityKS67846
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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
Rental property for sale in Garden City at 660 S Randy Ln, Garden City, KS, 67846 priced at $297,500 pairs $2,833/mo rent with $854/mo cash flow after a $1,456/mo payment. Total monthly income equals $2,833/mo, and annual cash flow comes to $10,247/yr on $98,621 invested. Return on cash invested is 30.3% in year one, and rental yield stands at 11.43% on a $297,500 basis. Equity gained on principal adds $1,920/yr, and 5% annual appreciation accumulates to $82,194 by year five. Five-year ROI measures 159.16% and total cumulative return in cash reaches $156,967. For financing, Ziffy Mortgage’s DSCR program evaluates $2,833/mo property income against a $1,456/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.39 Acres 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
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Listed by: Evangeline Penner • Fresh Move Realty, Inc
Mls Name: Southwest Kansas MLS
Mls ID: #13940