2707-2709 W 55th St NWichitaKS67204
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 2707-2709 W 55th St N, Wichita, KS, 67204 offers a 5.19% rental yield on a $359,000 purchase with $1,554/mo rent. 49% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 53.3% and total cumulative return in cash at $63,427. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2020
N/A lot
$N/A/sqft
$1,200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bree Russell • Russell Real Resources LLC
Mls Name: SCKMLS
Mls ID: #658158
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. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.