438 S Nineiron CtWichitaKS67235
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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 438 S Nineiron Ct, Wichita, KS, 67235 listed at $309,000 pairs $2,549/mo rent with a $1,512/mo payment to leave $494/mo cash flow. Total monthly income runs $2,549/mo, and annual cash flow reaches $5,924/yr on $102,434 cash to close. Return on cash invested measures 25.69% in year one, and rental yield registers 9.9% at a $309,000 basis. Equity gained on principal adds $1,994/yr, and annual property appreciation at 5% supports $85,371 by year five. Five-year ROI tracks 134.47% and total cumulative return in cash totals $137,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,549/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67235, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 5,070 (92.0%) |
| Renter Occupied HU | 288 ( 5.2%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $332,923 |
| Average Home Value | $353,126 |
Housing Distribution
Address Breakdown
Residential
5,797
Single Family
5,760
Multi-Family
37
Businesses
121
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