4413 E Salem AveWichitaKS67220
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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 4413 E Salem Ave, Wichita, KS, 67220 earns from $1,243/mo rent with a $1,248/mo payment. Total monthly income totals $1,243/mo. ROI tracks 13.47% on current figures, and rental yield reads 5.85% at a $254,900 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 over five years. Five-year ROI reaches 68.95% and total cumulative return in cash sums $58,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,243/mo property income instead of your personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67220, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 3,650 (53.6%) |
| Renter Occupied HU | 2,740 (40.3%) |
| Vacant Housing Units | 414 ( 6.1%) |
| Median Home Value | $210,316 |
| Average Home Value | $227,263 |
Housing Distribution
Address Breakdown
Residential
6,185
Single Family
5,221
Multi-Family
964
Businesses
205
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