244 S Lochinvar StWichitaKS67207
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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 244 S Lochinvar St, Wichita, KS, 67207 uses $72,930 cash to close to unlock $7,790/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $2,113/mo, and a $1,077/mo payment keeps the spread at $649/mo. Purchase price stands at $220,000, and rental yield measures 11.53% with $2,113/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 160.79% and total cumulative return in cash records $117,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,113/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67207, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,479 (100%) |
| Owner Occupied HU | 6,310 (46.8%) |
| Renter Occupied HU | 6,108 (45.3%) |
| Vacant Housing Units | 1,061 ( 7.9%) |
| Median Home Value | $222,415 |
| Average Home Value | $251,725 |
Housing Distribution
Address Breakdown
Residential
12,686
Single Family
10,336
Multi-Family
2,350
Businesses
704
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