724 S Holyoke StWichitaKS67218
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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 724 S Holyoke St, Wichita, KS, 67218 offers a 10.12% rental yield on a $170,000 purchase with $1,434/mo rent. Total monthly income registers $1,434/mo, and a $832/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,637/yr on $56,355 to close, and return on cash invested stands at 26.36% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 138.15% and total cumulative return in cash at $77,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
5,662 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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