201 S Saint Francis Ave APT 403WichitaKS67202
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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
Total monthly income runs $1,754/mo, and a $1,444/mo payment. Purchase price stands at $295,000, and rental yield measures 7.13% with $1,754/mo rent. Return on cash invested shows 17.35% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 89.75% and total cumulative return in cash records $87,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,754/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 1925
871.20 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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