1207 S Pattie AveWichitaKS67211
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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
Total monthly income runs $798/mo, and a $797/mo payment. Purchase price stands at $162,900, and rental yield measures 5.88% with $798/mo rent. Return on cash invested shows 13.57% in year one, and 5% annual appreciation builds toward $45,006 over five years. Five-year ROI reaches 69.49% and total cumulative return in cash records $37,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $798/mo property income covering a $797/mo payment rather than investor’s personal income.
Single Family
Built in 1923
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67211, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,754 (100%) |
| Owner Occupied HU | 3,677 (37.7%) |
| Renter Occupied HU | 4,809 (49.3%) |
| Vacant Housing Units | 1,268 (13.0%) |
| Median Home Value | $100,640 |
| Average Home Value | $159,147 |
Housing Distribution
Address Breakdown
Residential
8,843
Single Family
8,547
Multi-Family
296
Businesses
871
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Listed by: Melissa Alvarado • Keller Williams Hometown Partners
Mls Name: SCKMLS
Mls ID: #649623
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. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.