5816 E Kinkaid StWichitaKS67218
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 5816 E Kinkaid St, Wichita, KS, 67218 at $115,000 posts ROI 31.64% with $373/mo cash flow from $1,138/mo rent. Total monthly income equals $1,138/mo, and annual cash flow records $4,473/yr on $38,123 to close. Return on cash invested measures 31.64% and rental yield reads 11.87% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 166.41% and total cumulative return in cash totals $63,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,138/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67218, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,636 (100%) |
| Owner Occupied HU | 4,451 (41.8%) |
| Renter Occupied HU | 5,080 (47.8%) |
| Vacant Housing Units | 1,105 (10.4%) |
| Median Home Value | $142,980 |
| Average Home Value | $219,594 |
Housing Distribution
Address Breakdown
Residential
10,332
Single Family
9,382
Multi-Family
950
Businesses
435
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Nearby investment properties with comparable prices
Listed by: Andre Lowe • EXP Realty, LLC
Mls Name: SCKMLS
Mls ID: #648007
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. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.