3429 S Kessler AveWichitaKS67217
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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 3429 S Kessler Ave, Wichita, KS, 67217 uses $72,897 cash to close to unlock $5,704/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,938/mo, and a $1,076/mo payment keeps the spread at $475/mo. Purchase price stands at $219,900, and rental yield measures 10.58% with $1,938/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 145.46% and total cumulative return in cash records $106,036. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,938/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,840 sqft 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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