6438 N Scottsville StWichitaKS67219
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 6438 N Scottsville St, Wichita, KS, 67219 uses $61,328 cash to close to unlock $5,048/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $1,651/mo, and a $905/mo payment keeps the spread at $421/mo. Purchase price stands at $185,000, and rental yield measures 10.71% with $1,651/mo rent. Return on cash invested shows 28.14% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 147.62% and total cumulative return in cash records $90,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,651/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67219, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,482 (100%) |
| Owner Occupied HU | 3,311 (60.4%) |
| Renter Occupied HU | 1,642 (30.0%) |
| Vacant Housing Units | 529 ( 9.6%) |
| Median Home Value | $170,570 |
| Average Home Value | $198,839 |
Housing Distribution
Address Breakdown
Residential
5,092
Single Family
4,672
Multi-Family
420
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices