106013-10615 E Conifer StWichitaKS67207
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 106013-10615 E Conifer St, Wichita, KS, 67207 in Wichita the bet is firmly on appreciation. Rental yield 5.96%. The 5.96% gross yield on a $376,000 price is below income-first thresholds, but 5%/yr value growth projects $103,882 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.05) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $95,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 5.8% |
| Monthly Cash Flow | $(662) | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,868 |
| Total Monthly Debt Service | $2,444 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2021
N/A 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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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
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Nearby investment properties with comparable prices
