Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
4920 E Elm St,Wichita, KS 67208-3514
$100,000
- 2 Beds
- 1 Baths
- 812 sq. ft.
- Single family
- Active
Listed by: amanda jolley
Office: heritage 1st realty
MLS#:667557
Source:South Central Kansas MLS
Price summary
- Price:$100,000
- Price per sq. ft.:$123.15
About this home
Excellent rent-to-own (RTO) investment opportunity in a strong east Wichita location. This property is occupied by an RTO tenant who is responsible for all expenses, including utilities, insurance, taxes, and repairs, offering a truly low-maintenance, hands-off investment. The home is secured with a 30-year note running from 5/1/2025 through 4/1/2055, featuring a monthly principal and interest payment of $845.80. The RTO note balance is $109,382.98, providing long-term stability and predictable cash flow. This property is ideal for investors seeking consistent income, minimal management, and tenant-paid ownership costs. The seller will consider owner financing. This property may be purchased individually or as part of a 15-door investment portfolio, offered at a total purchase price of $1.3 million and generating approximately $13,562 per month in gross rental income. Portfolio terms and structure are negotiable, offering flexibility for investors looking to scale.
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Home facts
- Year built:1948
- Listing ID #:667557
- Added:1 day(s) ago
- Updated:January 30, 2026 at 12:33 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:812 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Floor Furnace, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1948
- Building area:812 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:East
- Middle school:Robinson
- Elementary school:Adams
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$100,000
- Price per sq. ft.:$123.15
- Tax amount:$851 (2025)
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