8706 W Oak Ridge CirWichitaKS67205
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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 8706 W Oak Ridge Cir, Wichita, KS, 67205 uses $116,025 cash to close to unlock $2,359/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $1,713/mo payment keeps the spread at $197/mo. Purchase price stands at $350,000, and rental yield measures 8.66% with $2,525/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 114.36% and total cumulative return in cash records $132,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2001
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67205, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,238 (100%) |
| Owner Occupied HU | 6,161 (74.8%) |
| Renter Occupied HU | 1,568 (19.0%) |
| Vacant Housing Units | 509 ( 6.2%) |
| Median Home Value | $329,650 |
| Average Home Value | $376,614 |
Housing Distribution
Address Breakdown
Residential
8,598
Single Family
7,854
Multi-Family
744
Businesses
593
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