1392 N Peterson AveWichitaKS67212
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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
Investment property for sale in Wichita at 1392 N Peterson Ave, Wichita, KS, 67212 uses $92,787 cash to close to unlock $1,138/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,957/mo, and a $1,370/mo payment keeps the spread at $95/mo. Purchase price stands at $279,900, and rental yield measures 8.39% with $1,957/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 110.02% and total cumulative return in cash records $102,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,957/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67212, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 11,775 (58.8%) |
| Renter Occupied HU | 7,028 (35.1%) |
| Vacant Housing Units | 1,233 ( 6.2%) |
| Median Home Value | $207,906 |
| Average Home Value | $246,168 |
Housing Distribution
Address Breakdown
Residential
19,384
Single Family
16,581
Multi-Family
2,803
Businesses
750
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