8213 E Old Mill CtWichitaKS67226
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8213 E Old Mill Ct, Wichita, KS, 67226 in Wichita hard to pass up. The 11.35% gross yield on a $365,000 purchase results in $3,452/mo in rent and $1,024/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.10). Annual cash flow of $12,289, five-year appreciation of $100,843, and $3,362/yr in equity build-up combine for a projected total cumulative return of $205,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.8% |
| Monthly Cash Flow | $1,024 | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,452 |
| Total Monthly Debt Service | $2,283 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
0.30 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
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
Single Family
Built in 2003
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices