Portico Plan, The Courtyards at Auburn LakesWichitaKS67235
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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 Portico Plan, The Courtyards at Auburn Lakes, Wichita, KS, 67235 with 5% annual appreciation on a $308,460 basis while $2,312/mo rent supports operations. Total monthly income totals $2,312/mo and a $1,510/mo payment preserves $260/mo for cash returns. Annual cash flow comes to $3,116/yr on $102,254 deployed, and return on cash invested reaches 22.96% in year one. Equity gained on principal adds $1,990/yr, and five-year appreciation sums $85,222 alongside rental yield of 8.99%. Five-year ROI measures 119.8% and total cumulative return in cash totals $122,500.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,312/mo property income versus a $1,510/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67235, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 5,070 (92.0%) |
| Renter Occupied HU | 288 ( 5.2%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $332,923 |
| Average Home Value | $353,126 |
Housing Distribution
Address Breakdown
Residential
5,797
Single Family
5,760
Multi-Family
37
Businesses
121
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