1110 N Grove AveWichitaKS67214
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
Investment Highlights
Investment property for sale in Wichita at 1110 N Grove Ave, Wichita, KS, 67214 earns $361/mo cash flow from $1,060/mo rent with a $514/mo payment. Total monthly income totals $1,060/mo, and annual cash flow totals $4,337/yr on $34,807 capital. ROI tracks 32.37% on current figures, and rental yield reads 12.11% at a $104,999 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,009 over five years. Five-year ROI reaches 170.31% and total cumulative return in cash sums $59,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,060/mo property income instead of your personal income.
Single Family
Built in 1930
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67214, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,062 (100%) |
| Owner Occupied HU | 2,373 (29.4%) |
| Renter Occupied HU | 3,831 (47.5%) |
| Vacant Housing Units | 1,858 (23.0%) |
| Median Home Value | $81,762 |
| Average Home Value | $145,243 |
Housing Distribution
Address Breakdown
Residential
6,591
Single Family
6,330
Multi-Family
261
Businesses
1,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices