1301 N Armour LnWichitaKS67206
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 1301 N Armour Ln, Wichita, KS, 67206 earns $439/mo cash flow from $2,353/mo rent with a $1,394/mo payment. Total monthly income totals $2,353/mo, and annual cash flow totals $5,271/yr on $94,411 capital. ROI tracks 25.49% on current figures, and rental yield reads 9.91% at a $284,800 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,685 over five years. Five-year ROI reaches 133.51% and total cumulative return in cash sums $126,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,353/mo property income instead of your personal income.
Single Family
Built in 1959
0.30 Acres lot
$N/A/sqft
$19 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67206, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 4,877 (62.2%) |
| Renter Occupied HU | 2,400 (30.6%) |
| Vacant Housing Units | 561 ( 7.2%) |
| Median Home Value | $368,912 |
| Average Home Value | $456,830 |
Housing Distribution
Address Breakdown
Residential
8,189
Single Family
7,033
Multi-Family
1,156
Businesses
884
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices