4556 S Laclede AveWichitaKS67217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.14% yield at 4556 S Laclede Ave, Wichita, KS, 67217 in Wichita is solid, but the $763/mo payment compresses net cash flow to $22/mo at $169,600. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $46,857 by year five, and $1,562/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $66,096.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $22 | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,151 |
| Total Monthly Debt Service | $1,061 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67217, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,417 (100%) |
| Owner Occupied HU | 7,567 (56.4%) |
| Renter Occupied HU | 4,694 (35.0%) |
| Vacant Housing Units | 1,156 ( 8.6%) |
| Median Home Value | $146,346 |
| Average Home Value | $211,819 |
Housing Distribution
Address Breakdown
Residential
12,751
Single Family
12,042
Multi-Family
709
Businesses
489
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
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67217, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,417 (100%) |
| Owner Occupied HU | 7,567 (56.4%) |
| Renter Occupied HU | 4,694 (35.0%) |
| Vacant Housing Units | 1,156 ( 8.6%) |
| Median Home Value | $146,346 |
| Average Home Value | $211,819 |
Housing Distribution
Address Breakdown
Residential
12,751
Single Family
12,042
Multi-Family
709
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices