8510 E Tamarac StWichitaKS67206
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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 8510 E Tamarac St, Wichita, KS, 67206 uses $140,888 cash to close to unlock $3,452/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $3,115/mo, and a $2,080/mo payment keeps the spread at $288/mo. Purchase price stands at $425,000, and rental yield measures 8.8% with $3,115/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 116.6% and total cumulative return in cash records $164,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,115/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.26 Acres 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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