10312 E Mount Vernon RdWichitaKS67207
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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 Wichita at 10312 E Mount Vernon Rd, Wichita, KS, 67207 uses $99,417 cash to close to unlock $8,072/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $2,668/mo, and a $1,468/mo payment keeps the spread at $673/mo. Purchase price stands at $299,900, and rental yield measures 10.68% with $2,668/mo rent. Return on cash invested shows 28.03% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 147% and total cumulative return in cash records $146,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,668/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,840 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
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