1424 N Woodland AveWichitaKS67203
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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 1424 N Woodland Ave, Wichita, KS, 67203 uses $82,510 cash to close to unlock $2,140/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,834/mo, and a $1,218/mo payment keeps the spread at $178/mo. Purchase price stands at $248,900, and rental yield measures 8.84% with $1,834/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $68,766 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash records $96,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,834/mo property income covering a $1,218/mo payment rather than investor’s personal income.
Single Family
Built in 1939
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67203, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 6,487 (42.7%) |
| Renter Occupied HU | 7,065 (46.5%) |
| Vacant Housing Units | 1,643 (10.8%) |
| Median Home Value | $156,610 |
| Average Home Value | $207,784 |
Housing Distribution
Address Breakdown
Residential
14,024
Single Family
12,553
Multi-Family
1,471
Businesses
979
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