6018 Avalon StWichitaKS67208
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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 6018 Avalon St, Wichita, KS, 67208 uses $46,410 cash to close to unlock $1,858/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $1,086/mo, and a $685/mo payment keeps the spread at $155/mo. Purchase price stands at $140,000, and rental yield measures 9.31% with $1,086/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash records $57,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,086/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,534 sqft 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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