241 S Battin StWichitaKS67218
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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 241 S Battin St, Wichita, KS, 67218 uses $84,533 cash to close to unlock $2,611/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,248/mo payment keeps the spread at $218/mo. Purchase price stands at $255,000, and rental yield measures 9.01% with $1,914/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash records $101,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1943
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67218, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,636 (100%) |
| Owner Occupied HU | 4,451 (41.8%) |
| Renter Occupied HU | 5,080 (47.8%) |
| Vacant Housing Units | 1,105 (10.4%) |
| Median Home Value | $142,980 |
| Average Home Value | $219,594 |
Housing Distribution
Address Breakdown
Residential
10,332
Single Family
9,382
Multi-Family
950
Businesses
435
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Listed by: Terra Alonzi • Real Broker, LLC
Mls Name: SCKMLS
Mls ID: #657444
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