2303 N Flutter LnWichitaKS67228
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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 2303 N Flutter Ln, Wichita, KS, 67228 generates $2,754/mo in rent and, after a $1,835/mo payment, leaves $260/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $3,118/yr on $124,279 invested. Return on cash invested sits at 22.42% in year one, and rental yield is 8.82% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 116.89% and total cumulative return in cash sums $145,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67228, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 668 (84.6%) |
| Renter Occupied HU | 86 (10.9%) |
| Vacant Housing Units | 36 ( 4.6%) |
| Median Home Value | $427,703 |
| Average Home Value | $505,685 |
Housing Distribution
Address Breakdown
Residential
822
Single Family
822
Multi-Family
0
Businesses
3
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