7689 E Pheasant Ridge StWichitaKS67226
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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 7689 E Pheasant Ridge St, Wichita, KS, 67226 listed at $296,500 pairs $2,518/mo rent with a $1,451/mo payment to leave $546/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $6,548/yr on $98,290 cash to close. Return on cash invested measures 26.57% in year one, and rental yield registers 10.19% at a $296,500 basis. Equity gained on principal adds $1,913/yr, and annual property appreciation at 5% supports $81,917 by year five. Five-year ROI tracks 139.17% and total cumulative return in cash totals $136,793. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,451/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67226, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,107 (100%) |
| Owner Occupied HU | 5,436 (53.8%) |
| Renter Occupied HU | 4,037 (39.9%) |
| Vacant Housing Units | 634 ( 6.3%) |
| Median Home Value | $319,248 |
| Average Home Value | $345,674 |
Housing Distribution
Address Breakdown
Residential
9,874
Single Family
7,383
Multi-Family
2,491
Businesses
782
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