11606 W May StWichitaKS67209
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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
Investment property for sale in Wichita at 11606 W May St, Wichita, KS, 67209 uses $97,793 cash to close to unlock $1,716/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $2,122/mo, and a $1,444/mo payment keeps the spread at $143/mo. Purchase price stands at $295,000, and rental yield measures 8.63% with $2,122/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 112.98% and total cumulative return in cash records $110,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,122/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
$195 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67209, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,642 (100%) |
| Owner Occupied HU | 4,050 (71.8%) |
| Renter Occupied HU | 1,324 (23.5%) |
| Vacant Housing Units | 268 ( 4.8%) |
| Median Home Value | $219,859 |
| Average Home Value | $286,814 |
Housing Distribution
Address Breakdown
Residential
5,506
Single Family
5,329
Multi-Family
177
Businesses
815
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Listed by: Ashton Callison • Reece Nichols South Central Kansas
Mls Name: SCKMLS
Mls ID: #653666
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