4478 N Sandplum StWichitaKS67205
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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 4478 N Sandplum St, Wichita, KS, 67205 priced at $204,500 pairs $1,779/mo rent with $358/mo cash flow after a $1,001/mo payment. Total monthly income equals $1,779/mo, and annual cash flow comes to $4,301/yr on $67,792 invested. Return on cash invested is 26.25% in year one, and rental yield stands at 10.44% on a $204,500 basis. Equity gained on principal adds $1,320/yr, and 5% annual appreciation accumulates to $56,500 by year five. Five-year ROI measures 137.88% and total cumulative return in cash reaches $93,473. For financing, Ziffy Mortgage’s DSCR program evaluates $1,779/mo property income against a $1,001/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2023
8,276 sqft lot
$N/A/sqft
$720 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67205, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,238 (100%) |
| Owner Occupied HU | 6,161 (74.8%) |
| Renter Occupied HU | 1,568 (19.0%) |
| Vacant Housing Units | 509 ( 6.2%) |
| Median Home Value | $329,650 |
| Average Home Value | $376,614 |
Housing Distribution
Address Breakdown
Residential
8,598
Single Family
7,854
Multi-Family
744
Businesses
593
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Listed by: Bree Russell • Russell Real Resources LLC
Mls Name: SCKMLS
Mls ID: #649120
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.