Single Family Residence in Wichita, KS

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.