116 N Glendale AveWichitaKS67208
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 116 N Glendale Ave, Wichita, KS, 67208 at $189,900 posts ROI 22.12% with $116/mo cash flow from $1,379/mo rent. Total monthly income equals $1,379/mo, and annual cash flow records $1,393/yr on $62,952 to close. Return on cash invested measures 22.12% and rental yield reads 8.71% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 115.37% and total cumulative return in cash totals $72,629.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,379/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67208, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,068 (100%) |
| Owner Occupied HU | 3,925 (48.6%) |
| Renter Occupied HU | 3,278 (40.6%) |
| Vacant Housing Units | 865 (10.7%) |
| Median Home Value | $241,955 |
| Average Home Value | $305,559 |
Housing Distribution
Address Breakdown
Residential
8,236
Single Family
7,101
Multi-Family
1,135
Businesses
855
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