1468 N Perry 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 1468 N Perry Ave, Wichita, KS, 67203 earns $204/mo cash flow from $1,484/mo rent with a $942/mo payment. Total monthly income totals $1,484/mo, and annual cash flow totals $2,442/yr on $63,814 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.25% at a $192,500 purchase. Equity gained on principal adds $1,242/yr, and 5% annual appreciation supports $53,184 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash sums $79,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,484/mo property income instead of your 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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