2626 E Burlington StWichitaKS67219
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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 2626 E Burlington St, Wichita, KS, 67219 uses $82,046 cash to close to unlock $7,630/yr annual cash flow and $636/mo monthly cash flow. Total monthly income runs $2,282/mo, and a $1,211/mo payment keeps the spread at $636/mo. Purchase price stands at $247,500, and rental yield measures 11.06% with $2,282/mo rent. Return on cash invested shows 29.21% in year one, and 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 153.33% and total cumulative return in cash records $125,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,282/mo property income covering a $1,211/mo payment rather than investor’s personal income.
Single Family
Built in 2010
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67219, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,482 (100%) |
| Owner Occupied HU | 3,311 (60.4%) |
| Renter Occupied HU | 1,642 (30.0%) |
| Vacant Housing Units | 529 ( 9.6%) |
| Median Home Value | $170,570 |
| Average Home Value | $198,839 |
Housing Distribution
Address Breakdown
Residential
5,092
Single Family
4,672
Multi-Family
420
Businesses
399
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