501 E 63rd St N LOT 183Park CityKS67219
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 501 E 63rd St N LOT 183, Park City, KS, 67219 in Park City deserves attention. This $105,800 property earns $1,403/mo in rent, a 15.91% gross yield, and nets $699/mo after the $476/mo payment. DSCR 2.95 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $29,231 compounds alongside $974/yr in yearly equity build, for a total cumulative return of $85,310.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 6.5% |
| Monthly Cash Flow | $699 | $850 |
City averages based on Park City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,403 |
| Total Monthly Debt Service | $662 |
| DSCR Ratio | 2.12x |
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.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67219, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,482 (100%) |
| Owner Occupied HU | 3,311 (60.4%) |
| Renter Occupied HU | 1,642 (30.0%) |
| Vacant Housing Units | 529 ( 9.6%) |
| Median Home Value | $170,570 |
| Average Home Value | $198,839 |
Housing Distribution
Address Breakdown
Residential
5,092
Single Family
4,672
Multi-Family
420
Businesses
399
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
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67219, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,482 (100%) |
| Owner Occupied HU | 3,311 (60.4%) |
| Renter Occupied HU | 1,642 (30.0%) |
| Vacant Housing Units | 529 ( 9.6%) |
| Median Home Value | $170,570 |
| Average Home Value | $198,839 |
Housing Distribution
Address Breakdown
Residential
5,092
Single Family
4,672
Multi-Family
420
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
