2937 S Maize Rd #200WichitaKS67215
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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 2937 S Maize Rd #200, Wichita, KS, 67215 uses $64,643 cash to close to unlock $6,853/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $1,868/mo, and a $954/mo payment keeps the spread at $571/mo. Purchase price stands at $195,000, and rental yield measures 11.5% with $1,868/mo rent. Return on cash invested shows 30.51% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 160.37% and total cumulative return in cash records $103,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,868/mo property income covering a $954/mo payment rather than investor’s personal income.
Multi Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67215, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,546 (100%) |
| Owner Occupied HU | 2,156 (84.7%) |
| Renter Occupied HU | 320 (12.6%) |
| Vacant Housing Units | 70 ( 2.7%) |
| Median Home Value | $249,778 |
| Average Home Value | $302,774 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,386
Multi-Family
63
Businesses
93
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