2002 S Ironstone StWichitaKS67230
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 2002 S Ironstone St, Wichita, KS, 67230 listed at $650,000 pairs $4,156/mo rent with a $3,181/mo payment. Total monthly income runs $4,156/mo. Return on cash invested measures 19.12% in year one, and rental yield registers 7.67% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 99.19% and total cumulative return in cash totals $212,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,156/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices