1523 W Nottingham LnWichitaKS67204
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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 1523 W Nottingham Ln, Wichita, KS, 67204 earns $564/mo cash flow from $2,294/mo rent with a $1,273/mo payment. Total monthly income totals $2,294/mo, and annual cash flow totals $6,766/yr on $86,190 capital. ROI tracks 27.76% on current figures, and rental yield reads 10.59% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 145.53% and total cumulative return in cash sums $125,429. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,294/mo property income instead of your personal income.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67204, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,952 (100%) |
| Owner Occupied HU | 5,680 (63.4%) |
| Renter Occupied HU | 2,621 (29.3%) |
| Vacant Housing Units | 651 ( 7.3%) |
| Median Home Value | $216,459 |
| Average Home Value | $271,279 |
Housing Distribution
Address Breakdown
Residential
8,837
Single Family
8,313
Multi-Family
524
Businesses
333
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