1822 S Stephanie StWichitaKS67207
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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 1822 S Stephanie St, Wichita, KS, 67207 priced at $281,735 pairs $2,022/mo rent with $148/mo cash flow after a $1,379/mo payment. Total monthly income equals $2,022/mo, and annual cash flow comes to $1,771/yr on $93,395 invested. Return on cash invested is 21.81% in year one, and rental yield stands at 8.61% on a $281,735 basis. Equity gained on principal adds $1,818/yr, and 5% annual appreciation accumulates to $77,838 by year five. Five-year ROI measures 113.63% and total cumulative return in cash reaches $106,129. For financing, Ziffy Mortgage’s DSCR program evaluates $2,022/mo property income against a $1,379/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67207, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,479 (100%) |
| Owner Occupied HU | 6,310 (46.8%) |
| Renter Occupied HU | 6,108 (45.3%) |
| Vacant Housing Units | 1,061 ( 7.9%) |
| Median Home Value | $222,415 |
| Average Home Value | $251,725 |
Housing Distribution
Address Breakdown
Residential
12,686
Single Family
10,336
Multi-Family
2,350
Businesses
704
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