455 N Mount Carmel AveWichitaKS67203
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 455 N Mount Carmel Ave, Wichita, KS, 67203 at $110,000 posts ROI 31.25% with $345/mo cash flow from $1,076/mo rent. Total monthly income equals $1,076/mo, and annual cash flow records $4,135/yr on $36,465 to close. Return on cash invested measures 31.25% and rental yield reads 11.74% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 164.34% and total cumulative return in cash totals $59,928.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67203, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 6,487 (42.7%) |
| Renter Occupied HU | 7,065 (46.5%) |
| Vacant Housing Units | 1,643 (10.8%) |
| Median Home Value | $156,610 |
| Average Home Value | $207,784 |
Housing Distribution
Address Breakdown
Residential
14,024
Single Family
12,553
Multi-Family
1,471
Businesses
979
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Listed by: Steve Myers • LPT Realty, LLC
Mls Name: SCKMLS
Mls ID: #651831
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. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.