7077 E Central Ave APT 9WichitaKS67206
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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 7077 E Central Ave APT 9, Wichita, KS, 67206 offers a 11.59% rental yield on a $199,000 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $974/mo payment leaves $598/mo available for distribution. Annual cash flow reaches $7,177/yr on $65,969 to close, and return on cash invested stands at 30.79% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 161.87% and total cumulative return in cash at $106,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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