1552 & 1554 N Market StWichitaKS67214
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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 1552 & 1554 N Market St, Wichita, KS, 67214 generates $1,162/mo in rent and, after a $562/mo payment, leaves $398/mo in cash flow. Total monthly income is $1,162/mo, and annual cash flow is $4,776/yr on $38,089 invested. Return on cash invested sits at 32.45% in year one, and rental yield is 12.14% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 170.67% and total cumulative return in cash sums $65,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,162/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67214, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,062 (100%) |
| Owner Occupied HU | 2,373 (29.4%) |
| Renter Occupied HU | 3,831 (47.5%) |
| Vacant Housing Units | 1,858 (23.0%) |
| Median Home Value | $81,762 |
| Average Home Value | $145,243 |
Housing Distribution
Address Breakdown
Residential
6,591
Single Family
6,330
Multi-Family
261
Businesses
1,049
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