115 S Rutan Ave APT 9-C, Wichita, KS, 67218 | 7.03% Rental Yield

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Total monthly income runs $966/mo, and a $808/mo payment. Purchase price stands at $165,000, and rental yield measures 7.03% with $966/mo rent. Return on cash invested shows 17.01% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 87.93% and total cumulative return in cash records $48,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $966/mo property income covering a $808/mo payment rather than investor’s personal income.

Condo

Built in 1927

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 67218, Wichita, KS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,636 (100%)
Owner Occupied HU	4,451 (41.8%)
Renter Occupied HU	5,080 (47.8%)
Vacant Housing Units	1,105 (10.4%)
Median Home Value	$142,980
Average Home Value	$219,594