1006 S Paige StWichitaKS67207
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1006 S Paige St, Wichita, KS, 67207 in Wichita is a solid income-producing rental, 10.67% gross yield, $1,756/mo rent, $442/mo net cash flow on a $197,500 buy. DSCR 1.98 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $54,566 and $1,819/yr in principal reduction project a total cumulative return of $103,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.8% |
| Monthly Cash Flow | $442 | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,756 |
| Total Monthly Debt Service | $1,235 |
| DSCR Ratio | 1.42x |
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 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67207, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,479 (100%) |
| Owner Occupied HU | 6,310 (46.8%) |
| Renter Occupied HU | 6,108 (45.3%) |
| Vacant Housing Units | 1,061 ( 7.9%) |
| Median Home Value | $222,415 |
| Average Home Value | $251,725 |
Housing Distribution
Address Breakdown
Residential
12,686
Single Family
10,336
Multi-Family
2,350
Businesses
704
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 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67207, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,479 (100%) |
| Owner Occupied HU | 6,310 (46.8%) |
| Renter Occupied HU | 6,108 (45.3%) |
| Vacant Housing Units | 1,061 ( 7.9%) |
| Median Home Value | $222,415 |
| Average Home Value | $251,725 |
Housing Distribution
Address Breakdown
Residential
12,686
Single Family
10,336
Multi-Family
2,350
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices