601 S Wichita AveSatantaKS67870
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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 Satanta at 601 S Wichita Ave, Satanta, KS, 67870 generates $2,597/mo in rent and, after a $1,114/mo payment, leaves $1,083/mo in cash flow. Total monthly income is $2,597/mo, and annual cash flow is $12,992/yr on $75,483 invested. Return on cash invested sits at 37.12% in year one, and rental yield is 13.69% on a $227,700 entry. Equity gained on principal adds $1,469/yr, while 5% annual appreciation builds toward $62,909 over five years. Five-year ROI reaches 195.75% and total cumulative return in cash sums $147,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,597/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67870, Satanta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 622 (100%) |
| Owner Occupied HU | 370 (59.5%) |
| Renter Occupied HU | 155 (24.9%) |
| Vacant Housing Units | 97 (15.6%) |
| Median Home Value | $148,611 |
| Average Home Value | $178,655 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
133
Multi-Family
0
Businesses
60
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