12353-12355 W Blanford StWichitaKS67223
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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
Rental property for sale in Wichita at 12353-12355 W Blanford St, Wichita, KS, 67223 generates $1,914/mo in rent, after a $2,036/mo payment. Total monthly income is $1,914/mo. Return on cash invested sits at 12.48% in year one, and rental yield is 5.52% on a $416,000 entry. Equity gained on principal adds $2,684/yr, while 5% annual appreciation builds toward $114,933 over five years. Five-year ROI reaches 63.63% and total cumulative return in cash sums $87,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Multi Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67223, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 203 (100%) |
| Owner Occupied HU | 180 (88.7%) |
| Renter Occupied HU | 19 ( 9.4%) |
| Vacant Housing Units | 4 ( 2.0%) |
| Median Home Value | $345,098 |
| Average Home Value | $388,111 |
Housing Distribution
Address Breakdown
Residential
181
Single Family
181
Multi-Family
0
Businesses
0
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