8716 W University Ave UNIT BWichitaKS67209
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 8716 W University Ave UNIT B, Wichita, KS, 67209 in Wichita: $1,074/mo in rent, $284/mo in net income, 12.52% gross yield, 2.32 DSCR, all at $102,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $28,429 in appreciation and $948/yr in principal paydown projects total cumulative return of $58,018.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 5.8% |
| Monthly Cash Flow | $284 | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,074 |
| Total Monthly Debt Service | $749 |
| DSCR Ratio | 1.43x |
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.
Apartment
Built in 1973
53 Acres lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67209, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,642 (100%) |
| Owner Occupied HU | 4,050 (71.8%) |
| Renter Occupied HU | 1,324 (23.5%) |
| Vacant Housing Units | 268 ( 4.8%) |
| Median Home Value | $219,859 |
| Average Home Value | $286,814 |
Housing Distribution
Address Breakdown
Residential
5,506
Single Family
5,329
Multi-Family
177
Businesses
815
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
Apartment
Built in 1973
53 Acres lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67209, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,642 (100%) |
| Owner Occupied HU | 4,050 (71.8%) |
| Renter Occupied HU | 1,324 (23.5%) |
| Vacant Housing Units | 268 ( 4.8%) |
| Median Home Value | $219,859 |
| Average Home Value | $286,814 |
Housing Distribution
Address Breakdown
Residential
5,506
Single Family
5,329
Multi-Family
177
Businesses
815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices