117 S Grand Mere CtWichitaKS67230
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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 117 S Grand Mere Ct, Wichita, KS, 67230 at $625,000 posts ROI 7.28% with from $2,002/mo rent. Total monthly income equals $2,002/mo. Return on cash invested measures 7.28% and rental yield reads 3.84% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 35.76% and total cumulative return in cash totals $73,537. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,002/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
$410 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67230, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,851 (100%) |
| Owner Occupied HU | 4,071 (83.9%) |
| Renter Occupied HU | 603 (12.4%) |
| Vacant Housing Units | 177 ( 3.6%) |
| Median Home Value | $383,033 |
| Average Home Value | $448,565 |
Housing Distribution
Address Breakdown
Residential
4,595
Single Family
4,595
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: Richard Rhea • Reece Nichols South Central Kansas
Mls Name: SCKMLS
Mls ID: #655338
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.