702 S Pinecrest AveWichitaKS67218
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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 702 S Pinecrest Ave, Wichita, KS, 67218 listed at $116,400 pairs $1,060/mo rent with a $570/mo payment to leave $285/mo cash flow. Total monthly income runs $1,060/mo, and annual cash flow reaches $3,424/yr on $38,587 cash to close. Return on cash invested measures 28.78% in year one, and rental yield registers 10.93% at a $116,400 basis. Equity gained on principal adds $751/yr, and annual property appreciation at 5% supports $32,159 by year five. Five-year ROI tracks 151.09% and total cumulative return in cash totals $58,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,060/mo property income relative to a $570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67218, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,636 (100%) |
| Owner Occupied HU | 4,451 (41.8%) |
| Renter Occupied HU | 5,080 (47.8%) |
| Vacant Housing Units | 1,105 (10.4%) |
| Median Home Value | $142,980 |
| Average Home Value | $219,594 |
Housing Distribution
Address Breakdown
Residential
10,332
Single Family
9,382
Multi-Family
950
Businesses
435
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