500 N Boyd AveWichitaKS67212
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 500 N Boyd Ave, Wichita, KS, 67212 in Wichita. At $233,400 it earns $1,853/mo in rent and distributes $300/mo to the owner after the $1,050/mo payment, a consistent 9.53% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,484 in value; $2,150/yr in principal paydown compounds ownership stake. Total projected return: $108,274.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.8% |
| Monthly Cash Flow | $300 | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,853 |
| Total Monthly Debt Service | $1,460 |
| DSCR Ratio | 1.27x |
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 1955
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67212, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 11,775 (58.8%) |
| Renter Occupied HU | 7,028 (35.1%) |
| Vacant Housing Units | 1,233 ( 6.2%) |
| Median Home Value | $207,906 |
| Average Home Value | $246,168 |
Housing Distribution
Address Breakdown
Residential
19,384
Single Family
16,581
Multi-Family
2,803
Businesses
750
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 1955
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67212, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 11,775 (58.8%) |
| Renter Occupied HU | 7,028 (35.1%) |
| Vacant Housing Units | 1,233 ( 6.2%) |
| Median Home Value | $207,906 |
| Average Home Value | $246,168 |
Housing Distribution
Address Breakdown
Residential
19,384
Single Family
16,581
Multi-Family
2,803
Businesses
750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices