7077 E Central Ave APT 20WichitaKS67206
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 7077 E Central Ave APT 20, Wichita, KS, 67206 listed at $220,000 pairs $1,982/mo rent with a $1,077/mo payment to leave $518/mo cash flow. Total monthly income runs $1,982/mo, and annual cash flow reaches $6,218/yr on $72,930 cash to close. Return on cash invested measures 28.44% in year one, and rental yield registers 10.81% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 149.2% and total cumulative return in cash totals $108,815. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,982/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67206, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 4,877 (62.2%) |
| Renter Occupied HU | 2,400 (30.6%) |
| Vacant Housing Units | 561 ( 7.2%) |
| Median Home Value | $368,912 |
| Average Home Value | $456,830 |
Housing Distribution
Address Breakdown
Residential
8,189
Single Family
7,033
Multi-Family
1,156
Businesses
884
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices