3214 N Pepper Ridge CtWichitaKS67205
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 3214 N Pepper Ridge Ct, Wichita, KS, 67205 uses $129,285 cash to close to unlock $3,939/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $2,923/mo, and a $1,909/mo payment keeps the spread at $328/mo. Purchase price stands at $390,000, and rental yield measures 8.99% with $2,923/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 119.81% and total cumulative return in cash records $154,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,923/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices