1950 S Webb Rd UNIT 118WichitaKS67207
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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
Investment property for sale in Wichita at 1950 S Webb Rd UNIT 118, Wichita, KS, 67207 uses $97,793 cash to close to unlock $4,611/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $2,347/mo, and a $1,444/mo payment keeps the spread at $384/mo. Purchase price stands at $295,000, and rental yield measures 9.55% with $2,347/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 128.76% and total cumulative return in cash records $125,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,347/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 2000
2,178 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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