1826 S Stacey 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 1826 S Stacey St, Wichita, KS, 67207 generates $1,399/mo in rent and, after a $797/mo payment, leaves $316/mo in cash flow. Total monthly income is $1,399/mo, and annual cash flow is $3,788/yr on $53,989 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 10.31% on a $162,862 entry. Equity gained on principal adds $1,051/yr, while 5% annual appreciation builds toward $44,996 over five years. Five-year ROI reaches 141.1% and total cumulative return in cash sums $76,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,399/mo property income rather than buyer’s personal income.
Multi Family
Built in 1983
4,356 sqft 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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Listed by: Tagg Oleson • LPT Realty, LLC
Mls Name: SCKMLS
Mls ID: #658488
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