8810 W Central Park StWichitaKS67205
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
Investment Highlights
Rental property for sale in Wichita at 8810 W Central Park St, Wichita, KS, 67205 generates $2,316/mo in rent and, after a $1,590/mo payment, leaves $142/mo in cash flow. Total monthly income is $2,316/mo, and annual cash flow is $1,707/yr on $107,704 invested. Return on cash invested sits at 21.49% in year one, and rental yield is 8.55% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 112.03% and total cumulative return in cash sums $120,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,316/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
10,018 sqft lot
$N/A/sqft
$150 annually 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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Nearby investment properties with comparable prices
Listed by: Lacey Pool • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #647346
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