954 N Porter AveWichitaKS67203
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 954 N Porter Ave, Wichita, KS, 67203 in Wichita is capital appreciation. Rental yield 5.8%. The 5.8% gross yield at $299,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $82,857 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.07) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $79,171.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 5.8% |
| Monthly Cash Flow | $(546) | $1,240 |
City averages based on Wichita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,449 |
| Total Monthly Debt Service | $1,876 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1927
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67203, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 6,487 (42.7%) |
| Renter Occupied HU | 7,065 (46.5%) |
| Vacant Housing Units | 1,643 (10.8%) |
| Median Home Value | $156,610 |
| Average Home Value | $207,784 |
Housing Distribution
Address Breakdown
Residential
14,024
Single Family
12,553
Multi-Family
1,471
Businesses
979
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
Single Family
Built in 1927
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67203, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 6,487 (42.7%) |
| Renter Occupied HU | 7,065 (46.5%) |
| Vacant Housing Units | 1,643 (10.8%) |
| Median Home Value | $156,610 |
| Average Home Value | $207,784 |
Housing Distribution
Address Breakdown
Residential
14,024
Single Family
12,553
Multi-Family
1,471
Businesses
979
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Paredes • Mexus Real Estate
Mls Name: SCKMLS
Mls ID: #659623
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