5401 E 40th St NWichitaKS67220
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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 5401 E 40th St N, Wichita, KS, 67220 generates $1,872/mo in rent and, after a $1,101/mo payment, leaves $376/mo in cash flow. Total monthly income is $1,872/mo, and annual cash flow is $4,507/yr on $74,554 invested. Return on cash invested sits at 25.95% in year one, and rental yield is 9.99% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 135.9% and total cumulative return in cash sums $101,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,872/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67220, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 3,650 (53.6%) |
| Renter Occupied HU | 2,740 (40.3%) |
| Vacant Housing Units | 414 ( 6.1%) |
| Median Home Value | $210,316 |
| Average Home Value | $227,263 |
Housing Distribution
Address Breakdown
Residential
6,185
Single Family
5,221
Multi-Family
964
Businesses
205
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