232 N Prescott CirWichitaKS67212
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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 232 N Prescott Cir, Wichita, KS, 67212 offers $2,843/mo rent that, after a $1,953/mo payment, leaves $188/mo cash flow. Total monthly income is $2,843/mo, and annual cash flow is $2,261/yr on $132,269 cash. Return on cash invested measures 21.62% in year one, and rental yield stands at 8.55% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 112.63% and total cumulative return in cash reaches $148,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,843/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67212, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 11,775 (58.8%) |
| Renter Occupied HU | 7,028 (35.1%) |
| Vacant Housing Units | 1,233 ( 6.2%) |
| Median Home Value | $207,906 |
| Average Home Value | $246,168 |
Housing Distribution
Address Breakdown
Residential
19,384
Single Family
16,581
Multi-Family
2,803
Businesses
750
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