2419 W Benjamin DrWichitaKS67204
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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 2419 W Benjamin Dr, Wichita, KS, 67204 priced at $345,000 converts $2,896/mo rent into $600/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,896/mo, and annual cash flow totals $7,204/yr on $114,368 invested. Return on cash invested prints 26.21% in year one, and rental yield reads 10.07% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 137.25% and total cumulative return in cash sums $156,964. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,896/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67204, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,952 (100%) |
| Owner Occupied HU | 5,680 (63.4%) |
| Renter Occupied HU | 2,621 (29.3%) |
| Vacant Housing Units | 651 ( 7.3%) |
| Median Home Value | $216,459 |
| Average Home Value | $271,279 |
Housing Distribution
Address Breakdown
Residential
8,837
Single Family
8,313
Multi-Family
524
Businesses
333
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