1405 E Denker StWichitaKS67216
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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 1405 E Denker St, Wichita, KS, 67216 priced at $127,600 converts $1,252/mo rent into $403/mo cash flow after a $625/mo obligation. Total monthly income equals $1,252/mo, and annual cash flow totals $4,832/yr on $42,299 invested. Return on cash invested prints 31.33% in year one, and rental yield reads 11.77% against a $127,600 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,254 by year five. Five-year ROI reaches 164.75% and total cumulative return in cash sums $69,689. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,252/mo property income covering a $625/mo payment, not borrower’s personal income.
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67216, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 5,069 (50.6%) |
| Renter Occupied HU | 3,773 (37.7%) |
| Vacant Housing Units | 1,177 (11.7%) |
| Median Home Value | $109,766 |
| Average Home Value | $180,849 |
Housing Distribution
Address Breakdown
Residential
9,354
Single Family
9,235
Multi-Family
119
Businesses
603
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