641 N Woodlawn Blvd APT 59WichitaKS67208
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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 641 N Woodlawn Blvd APT 59, Wichita, KS, 67208 offers a 10.57% rental yield on a $245,600 purchase with $2,164/mo rent. Total monthly income registers $2,164/mo, and a $1,202/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,362/yr on $81,416 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $1,585/yr while 5% annual appreciation supports $67,855 over five years. Portfolio math shows five-year ROI at 126.97% and total cumulative return in cash at $103,376. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,164/mo property income against a $1,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
7,841 sqft lot
$N/A/sqft
$250 monthly 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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