12820 W Red Rock StWichitaKS67235
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 12820 W Red Rock St, Wichita, KS, 67235 in Wichita hard to pass up. The 12.26% gross yield on a $220,000 purchase results in $2,248/mo in rent and $719/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.27). Annual cash flow of $8,628, five-year appreciation of $60,782, and $2,026/yr in equity build-up combine for a projected total cumulative return of $134,402.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 5.8% |
| Monthly Cash Flow | $719 | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,248 |
| Total Monthly Debt Service | $1,376 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2026
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67235, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 5,070 (92.0%) |
| Renter Occupied HU | 288 ( 5.2%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $332,923 |
| Average Home Value | $353,126 |
Housing Distribution
Address Breakdown
Residential
5,797
Single Family
5,760
Multi-Family
37
Businesses
121
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
Multi Family
Built in 2026
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67235, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 5,070 (92.0%) |
| Renter Occupied HU | 288 ( 5.2%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $332,923 |
| Average Home Value | $353,126 |
Housing Distribution
Address Breakdown
Residential
5,797
Single Family
5,760
Multi-Family
37
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices