1162 S PineridgeWichitaKS67205
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
Rental property for sale in Wichita at 1162 S Pineridge, Wichita, KS, 67205 offers $1,051/mo rent that, after a $660/mo payment, leaves $154/mo cash flow. Total monthly income is $1,051/mo, and annual cash flow is $1,846/yr on $44,719 cash. Return on cash invested measures 24.04% in year one, and rental yield stands at 9.35% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 125.59% and total cumulative return in cash reaches $56,165. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,051/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67205, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,238 (100%) |
| Owner Occupied HU | 6,161 (74.8%) |
| Renter Occupied HU | 1,568 (19.0%) |
| Vacant Housing Units | 509 ( 6.2%) |
| Median Home Value | $329,650 |
| Average Home Value | $376,614 |
Housing Distribution
Address Breakdown
Residential
8,598
Single Family
7,854
Multi-Family
744
Businesses
593
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Nearby investment properties with comparable prices
Listed by: Roger Perkins • Nikkel and Associates
Mls Name: SCKMLS
Mls ID: #653108
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. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.