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Property profile & analytics
OFF-MARKET
Residential income homes

3003 Maplewood St Wichita, KS 67214

556 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of twenty-two single-family rental homes located in Wichita, Kansas. All units are currently rented, generating a substantial monthly income of $19,500, with tenants responsible for their own utilities. The properties are situated in desirable neighborhoods throughout Sedgwick County, encompassing addresses in the 67214 and 67219 zip codes. The portfolio boasts a diverse mix of home sizes, ranging from 556 to 1,304 square feet. Many homes feature low-maintenance vinyl siding and updated interiors, including original hardwood floors or luxury vinyl plank flooring, minimizing upkeep costs and maximizing rental appeal. This turnkey investment offers a compelling 11.60% cap rate and presents a strong opportunity for both local and out-of-state investors seeking consistent cash flow and potential appreciation in a growing market. The portfolio's strong occupancy rate and low maintenance requirements contribute to its exceptional profitability. This is an ideal investment for those seeking to diversify their holdings or utilize a 1031 exchange strategy. The asking price for this lucrative portfolio is $1,850,000.

Property profile
Verified
Property type Residential income homes
Total area 556 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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