18 E Via Verde DrWichitaKS67230
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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 18 E Via Verde Dr, Wichita, KS, 67230 offers $2,356/mo rent that, after a $1,894/mo payment. Total monthly income is $2,356/mo. Return on cash invested measures 17.87% in year one, and rental yield stands at 7.31% at a $386,900 entry. Equity gained on principal adds $2,497/yr while 5% annual appreciation compounds into $106,893 by year five. Five-year ROI records 92.5% and total cumulative return in cash reaches $118,639. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,356/mo property income versus a $1,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67230, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,851 (100%) |
| Owner Occupied HU | 4,071 (83.9%) |
| Renter Occupied HU | 603 (12.4%) |
| Vacant Housing Units | 177 ( 3.6%) |
| Median Home Value | $383,033 |
| Average Home Value | $448,565 |
Housing Distribution
Address Breakdown
Residential
4,595
Single Family
4,595
Multi-Family
0
Businesses
68
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