2645 N Shefford StWichitaKS67205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2645 N Shefford St, Wichita, KS, 67205 at $328,000 posts ROI 22.65% with $248/mo cash flow from $2,448/mo rent. Total monthly income equals $2,448/mo, and annual cash flow records $2,979/yr on $108,732 to close. Return on cash invested measures 22.65% and rental yield reads 8.96% at the current $328,000. Equity gained on principal adds $2,117/yr, and 5% annual appreciation supports $90,620 by year five. Five-year ROI prints 118.24% and total cumulative return in cash totals $128,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,448/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
9,583 sqft lot
$N/A/sqft
$216 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67205, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,238 (100%) |
| Owner Occupied HU | 6,161 (74.8%) |
| Renter Occupied HU | 1,568 (19.0%) |
| Vacant Housing Units | 509 ( 6.2%) |
| Median Home Value | $329,650 |
| Average Home Value | $376,614 |
Housing Distribution
Address Breakdown
Residential
8,598
Single Family
7,854
Multi-Family
744
Businesses
593
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Nearby investment properties with comparable prices
Listed by: Janet Bates • Platinum Realty
Mls Name: SCKMLS
Mls ID: #649843
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.