2402 S Fieldcrest CirWichitaKS67215
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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 2402 S Fieldcrest Cir, Wichita, KS, 67215 offers a 8.7% rental yield on a $374,900 purchase with $2,718/mo rent. Total monthly income registers $2,718/mo, and a $1,835/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,686/yr on $124,279 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 115.03% and total cumulative return in cash at $142,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,718/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67215, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,546 (100%) |
| Owner Occupied HU | 2,156 (84.7%) |
| Renter Occupied HU | 320 (12.6%) |
| Vacant Housing Units | 70 ( 2.7%) |
| Median Home Value | $249,778 |
| Average Home Value | $302,774 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,386
Multi-Family
63
Businesses
93
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