641 N Woodlawn St APT 55WichitaKS67208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 St APT 55, Wichita, KS, 67208 uses $57,847 cash to close to unlock $4,118/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,504/mo, and a $854/mo payment keeps the spread at $343/mo. Purchase price stands at $174,500, and rental yield measures 10.34% with $1,504/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 141.72% and total cumulative return in cash records $81,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,504/mo property income covering a $854/mo payment rather than investor’s personal income.
Single Family
Built in 1979
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices