3525 N Azalea StWichitaKS67223
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 3525 N Azalea St, Wichita, KS, 67223 uses $86,157 cash to close to unlock $1,220/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,272/mo payment keeps the spread at $102/mo. Purchase price stands at $259,900, and rental yield measures 8.84% with $1,914/mo rent. Return on cash invested shows 21.33% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 111.46% and total cumulative return in cash records $96,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67223, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 203 (100%) |
| Owner Occupied HU | 180 (88.7%) |
| Renter Occupied HU | 19 ( 9.4%) |
| Vacant Housing Units | 4 ( 2.0%) |
| Median Home Value | $345,098 |
| Average Home Value | $388,111 |
Housing Distribution
Address Breakdown
Residential
181
Single Family
181
Multi-Family
0
Businesses
0
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Listed by: Dan Madrigal • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #657505
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