8900 W University Ave #107WichitaKS67209
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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 8900 W University Ave #107, Wichita, KS, 67209 earns $192/mo cash flow from $1,234/mo rent with a $669/mo payment. Total monthly income totals $1,234/mo, and annual cash flow totals $2,302/yr on $45,283 capital. ROI tracks 24.99% on current figures, and rental yield reads 10.84% at a $136,600 purchase. Equity gained on principal adds $881/yr, and 5% annual appreciation supports $37,740 over five years. Five-year ROI reaches 131.99% and total cumulative return in cash sums $59,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,234/mo property income instead of your personal income.
Condo
Built in 2003
1,307 sqft lot
$N/A/sqft
$133 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
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