9039 E Skinner StWichitaKS67207
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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 9039 E Skinner St, Wichita, KS, 67207 uses $88,676 cash to close to unlock $6,464/yr annual cash flow and $539/mo monthly cash flow. Total monthly income runs $2,318/mo, and a $1,309/mo payment keeps the spread at $539/mo. Purchase price stands at $267,500, and rental yield measures 10.4% with $2,318/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 142.55% and total cumulative return in cash records $126,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,318/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 1984
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67207, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,479 (100%) |
| Owner Occupied HU | 6,310 (46.8%) |
| Renter Occupied HU | 6,108 (45.3%) |
| Vacant Housing Units | 1,061 ( 7.9%) |
| Median Home Value | $222,415 |
| Average Home Value | $251,725 |
Housing Distribution
Address Breakdown
Residential
12,686
Single Family
10,336
Multi-Family
2,350
Businesses
704
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