2510 N Chelmsford CtWichitaKS67228
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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 2510 N Chelmsford Ct, Wichita, KS, 67228 with 5% annual appreciation on a $523,500 basis while $3,013/mo rent supports operations. 37% in year one. Equity gained on principal adds $3,378/yr, and five-year appreciation sums $144,633 alongside rental yield of 6.91%. Five-year ROI measures 84.61% and total cumulative return in cash totals $145,722. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,013/mo property income versus a $2,562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.42 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67228, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 668 (84.6%) |
| Renter Occupied HU | 86 (10.9%) |
| Vacant Housing Units | 36 ( 4.6%) |
| Median Home Value | $427,703 |
| Average Home Value | $505,685 |
Housing Distribution
Address Breakdown
Residential
822
Single Family
822
Multi-Family
0
Businesses
3
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Listed by: Dan Madrigal • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #654658
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