2843 N Keith StWichitaKS67205
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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 2843 N Keith St, Wichita, KS, 67205 uses $109,064 cash to close to unlock $5,274/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $2,628/mo, and a $1,610/mo payment keeps the spread at $440/mo. Purchase price stands at $329,000, and rental yield measures 9.59% with $2,628/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 129.4% and total cumulative return in cash records $141,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,628/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 2002
10,454 sqft lot
$N/A/sqft
No 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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