621 N Norman AveWichitaKS67212
Nearby investment properties with comparable rents
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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 621 N Norman Ave, Wichita, KS, 67212 earns $634/mo cash flow from $2,298/mo rent with a $1,224/mo payment. Total monthly income totals $2,298/mo, and annual cash flow totals $7,613/yr on $82,875 capital. ROI tracks 29.1% on current figures, and rental yield reads 11.03% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 152.74% and total cumulative return in cash sums $126,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,298/mo property income instead of your personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67212, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 11,775 (58.8%) |
| Renter Occupied HU | 7,028 (35.1%) |
| Vacant Housing Units | 1,233 ( 6.2%) |
| Median Home Value | $207,906 |
| Average Home Value | $246,168 |
Housing Distribution
Address Breakdown
Residential
19,384
Single Family
16,581
Multi-Family
2,803
Businesses
750
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Listed by: Bryce Jones • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #658684
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