1719 S Grove StWichitaKS67211
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
Investment property for sale in Wichita at 1719 S Grove St, Wichita, KS, 67211 uses $55,195 cash to close to unlock $4,731/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $815/mo payment keeps the spread at $394/mo. Purchase price stands at $166,500, and rental yield measures 10.83% with $1,502/mo rent. Return on cash invested shows 28.48% in year one, and 5% annual appreciation builds toward $46,001 over five years. Five-year ROI reaches 149.5% and total cumulative return in cash records $82,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $815/mo payment rather than investor’s personal income.
Single Family
Built in 1942
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67211, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,754 (100%) |
| Owner Occupied HU | 3,677 (37.7%) |
| Renter Occupied HU | 4,809 (49.3%) |
| Vacant Housing Units | 1,268 (13.0%) |
| Median Home Value | $100,640 |
| Average Home Value | $159,147 |
Housing Distribution
Address Breakdown
Residential
8,843
Single Family
8,547
Multi-Family
296
Businesses
871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices