201 S Saint Francis Ave APT 203WichitaKS67202
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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 201 S Saint Francis Ave APT 203, Wichita, KS, 67202 earns $18/mo cash flow from $1,315/mo rent with a $954/mo payment. Total monthly income totals $1,315/mo, and annual cash flow totals $217/yr on $64,643 capital. ROI tracks 20.25% on current figures, and rental yield reads 8.09% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 105.33% and total cumulative return in cash sums $68,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,315/mo property income instead of your personal income.
Condo
Built in 1925
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67202, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 63 ( 3.3%) |
| Renter Occupied HU | 1,383 (73.3%) |
| Vacant Housing Units | 441 (23.4%) |
| Median Home Value | $230,357 |
| Average Home Value | $378,294 |
Housing Distribution
Address Breakdown
Residential
2,020
Single Family
770
Multi-Family
1,250
Businesses
1,080
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