1153 N Sandplum LnWichitaKS67212
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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
Rental property for sale in Wichita at 1153 N Sandplum Ln, Wichita, KS, 67212 priced at $227,000 converts $1,837/mo rent into $327/mo cash flow after a $1,111/mo obligation. Total monthly income equals $1,837/mo, and annual cash flow totals $3,922/yr on $75,251 invested. Return on cash invested prints 25.12% in year one, and rental yield reads 9.71% against a $227,000 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation compiles into $62,716 by year five. Five-year ROI reaches 131.4% and total cumulative return in cash sums $98,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,837/mo property income covering a $1,111/mo payment, not borrower’s personal income.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67212, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 11,775 (58.8%) |
| Renter Occupied HU | 7,028 (35.1%) |
| Vacant Housing Units | 1,233 ( 6.2%) |
| Median Home Value | $207,906 |
| Average Home Value | $246,168 |
Housing Distribution
Address Breakdown
Residential
19,384
Single Family
16,581
Multi-Family
2,803
Businesses
750
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Listed by: Nikki Chavez • Heritage 1st Realty
Mls Name: SCKMLS
Mls ID: #649974
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.