3216 S Walnut StWichitaKS67217
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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 3216 S Walnut St, Wichita, KS, 67217 earns from $1,292/mo rent with a $1,126/mo payment. Total monthly income totals $1,292/mo. ROI tracks 16.16% on current figures, and rental yield reads 6.74% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 83.35% and total cumulative return in cash sums $63,547. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,292/mo property income instead of your personal income.
Multi Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67217, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,417 (100%) |
| Owner Occupied HU | 7,567 (56.4%) |
| Renter Occupied HU | 4,694 (35.0%) |
| Vacant Housing Units | 1,156 ( 8.6%) |
| Median Home Value | $146,346 |
| Average Home Value | $211,819 |
Housing Distribution
Address Breakdown
Residential
12,751
Single Family
12,042
Multi-Family
709
Businesses
489
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