8909 E Creed StWichitaKS67210
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
Investment property for sale in Wichita at 8909 E Creed St, Wichita, KS, 67210 uses $87,848 cash to close to unlock $4,116/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $2,106/mo, and a $1,297/mo payment keeps the spread at $343/mo. Purchase price stands at $265,000, and rental yield measures 9.54% with $2,106/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 128.64% and total cumulative return in cash records $113,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,106/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67210, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,146 (100%) |
| Owner Occupied HU | 1,595 (38.5%) |
| Renter Occupied HU | 2,060 (49.7%) |
| Vacant Housing Units | 491 (11.8%) |
| Median Home Value | $170,791 |
| Average Home Value | $208,262 |
Housing Distribution
Address Breakdown
Residential
3,647
Single Family
3,414
Multi-Family
233
Businesses
178
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Listed by: Chi Mckanlam • Keller Williams Signature Partners, LLC
Mls Name: SCKMLS
Mls ID: #645972
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