Promenade 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
Rental property for sale in Wichita at Promenade Plan, The Courtyards at Auburn Lakes, Wichita, KS, 67235 priced at $335,300 pairs $2,242/mo rent with $11/mo cash flow after a $1,641/mo payment. Total monthly income equals $2,242/mo, and annual cash flow comes to $137/yr on $111,152 invested. Return on cash invested is 20.03% in year one, and rental yield stands at 8.02% on a $335,300 basis. Equity gained on principal adds $2,164/yr, and 5% annual appreciation accumulates to $92,637 by year five. Five-year ROI measures 104.13% and total cumulative return in cash reaches $115,747. For financing, Ziffy Mortgage’s DSCR program evaluates $2,242/mo property income against a $1,641/mo payment instead of your W2s, 1099s, or Tax returns.
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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