167 S Lark LnWichitaKS67209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 167 S Lark Ln, Wichita, KS, 67209 priced at $182,000 pairs $1,620/mo rent with $409/mo cash flow after a $891/mo payment. Total monthly income equals $1,620/mo, and annual cash flow comes to $4,908/yr on $60,333 invested. Return on cash invested is 28.04% in year one, and rental yield stands at 10.68% on a $182,000 basis. Equity gained on principal adds $1,174/yr, and 5% annual appreciation accumulates to $50,283 by year five. Five-year ROI measures 147.06% and total cumulative return in cash reaches $88,725. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $891/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1982
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67209, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,642 (100%) |
| Owner Occupied HU | 4,050 (71.8%) |
| Renter Occupied HU | 1,324 (23.5%) |
| Vacant Housing Units | 268 ( 4.8%) |
| Median Home Value | $219,859 |
| Average Home Value | $286,814 |
Housing Distribution
Address Breakdown
Residential
5,506
Single Family
5,329
Multi-Family
177
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices