6002 E 17th St NWichitaKS67208
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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
Investment property for sale in Wichita at 6002 E 17th St N, Wichita, KS, 67208 uses $82,875 cash to close to unlock $7,013/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $2,248/mo, and a $1,224/mo payment keeps the spread at $584/mo. Purchase price stands at $250,000, and rental yield measures 10.79% with $2,248/mo rent. Return on cash invested shows 28.37% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 148.86% and total cumulative return in cash records $123,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67208, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,068 (100%) |
| Owner Occupied HU | 3,925 (48.6%) |
| Renter Occupied HU | 3,278 (40.6%) |
| Vacant Housing Units | 865 (10.7%) |
| Median Home Value | $241,955 |
| Average Home Value | $305,559 |
Housing Distribution
Address Breakdown
Residential
8,236
Single Family
7,101
Multi-Family
1,135
Businesses
855
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