3307 S Bluelake CtWichitaKS67215
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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
Rental property for sale in Wichita at 3307 S Bluelake Ct, Wichita, KS, 67215 generates $2,687/mo in rent and, after a $1,713/mo payment, leaves $359/mo in cash flow. Total monthly income is $2,687/mo, and annual cash flow is $4,305/yr on $115,992 invested. Return on cash invested sits at 23.62% in year one, and rental yield is 9.22% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 123.35% and total cumulative return in cash sums $143,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,687/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
10,454 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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