5978 E Forbes CtWichitaKS67220
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 5978 E Forbes Ct, Wichita, KS, 67220 listed at $839,000 pairs $3,022/mo rent with a $4,106/mo payment. Total monthly income runs $3,022/mo. Return on cash invested measures 8.93% in year one, and rental yield registers 4.32% at a $839,000 basis. Equity gained on principal adds $5,414/yr, and annual property appreciation at 5% supports $231,800 by year five. Five-year ROI tracks 44.57% and total cumulative return in cash totals $123,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,022/mo property income relative to a $4,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.27 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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