117 W 53rd Ct SWichitaKS67217
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 117 W 53rd Ct S, Wichita, KS, 67217 listed at $229,500 pairs $1,484/mo rent with a $1,123/mo payment. Total monthly income runs $1,484/mo. Return on cash invested measures 19.24% in year one, and rental yield registers 7.76% at a $229,500 basis. Equity gained on principal adds $1,481/yr, and annual property appreciation at 5% supports $63,407 by year five. Five-year ROI tracks 99.88% and total cumulative return in cash totals $75,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,484/mo property income relative to a $1,123/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67217, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,417 (100%) |
| Owner Occupied HU | 7,567 (56.4%) |
| Renter Occupied HU | 4,694 (35.0%) |
| Vacant Housing Units | 1,156 ( 8.6%) |
| Median Home Value | $146,346 |
| Average Home Value | $211,819 |
Housing Distribution
Address Breakdown
Residential
12,751
Single Family
12,042
Multi-Family
709
Businesses
489
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Listed by: Christina Weller • RE/MAX Premier
Mls Name: SCKMLS
Mls ID: #657293
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.