2915 E Menlo DrWichitaKS67211
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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 2915 E Menlo Dr, Wichita, KS, 67211 offers a 11.68% rental yield on a $200,800 purchase with $1,954/mo rent. Total monthly income registers $1,954/mo, and a $983/mo payment leaves $618/mo available for distribution. Annual cash flow reaches $7,415/yr on $66,565 to close, and return on cash invested stands at 31.05% in year one. Equity gained on principal adds $1,296/yr while 5% annual appreciation supports $55,477 over five years. Portfolio math shows five-year ROI at 163.16% and total cumulative return in cash at $108,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,954/mo property income against a $983/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67211, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,754 (100%) |
| Owner Occupied HU | 3,677 (37.7%) |
| Renter Occupied HU | 4,809 (49.3%) |
| Vacant Housing Units | 1,268 (13.0%) |
| Median Home Value | $100,640 |
| Average Home Value | $159,147 |
Housing Distribution
Address Breakdown
Residential
8,843
Single Family
8,547
Multi-Family
296
Businesses
871
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