2816 S Santa Fe StWichitaKS67216
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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 2816 S Santa Fe St, Wichita, KS, 67216 uses $48,068 cash to close to unlock $1,584/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $710/mo payment keeps the spread at $132/mo. Purchase price stands at $145,000, and rental yield measures 9.08% with $1,097/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 121.22% and total cumulative return in cash records $58,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67216, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 5,069 (50.6%) |
| Renter Occupied HU | 3,773 (37.7%) |
| Vacant Housing Units | 1,177 (11.7%) |
| Median Home Value | $109,766 |
| Average Home Value | $180,849 |
Housing Distribution
Address Breakdown
Residential
9,354
Single Family
9,235
Multi-Family
119
Businesses
603
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