5509 S Charles St Wichita, KS 67217-5068
Listing Courtesy of: SOUTH CENTRAL KANSAS / Heritage 1st Realty / Amanda Jolley

  5509 S Charles St Wichita, KS 67217-5068

Active (2 Days)
$216,471 (CAD)
4
BED
2
BATH
1,976
SQFT

Description

Turnkey rent-to-own (RTO) investment opportunity offering built-in long-term stability and minimal management. The property is occupied by an RTO tenant who covers all expenses, including utilities, insurance, taxes, and repairs, making this a truly hands-off investment. The home is secured with a 30-year note running from 10/1/2025 through 9/1/2055, with a monthly principal and interest payment of $1,211. The RTO note balance is $168,080.78, providing strong cash flow and dependable income over the life of the note. This property is ideal for investors seeking predictable returns, low maintenance, 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, providing flexibility for investors looking to scale.

MLS®:
667559
Taxes
$795(2025)
Lot Size
8,712 SQFT
Type
Mfghome
Year Built
2001
Style
Mobile/Mfd-Perm Found.
School District
Haysville School District (Usd 261)
County
Sedgwick County
Community
Simmons Park

Listed By

Amanda Jolley, Heritage 1st Realty
Source
SOUTH CENTRAL KANSAS
Last checked Jan 29 2026 at 10:36 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Ceiling Fan(s)
  • Walk-In Closet(s)
  • Laundry: Main Floor
  • Laundry: 220 Equipment
  • Laundry: Separate Room
  • Vaulted Ceiling(s)
Kitchen
  • Eating Bar
  • Pantry
  • Range Hood
  • Island
  • Gas Hookup
Subdivision
  • Simmons Park
Lot Information
  • Standard
Property Features
  • Foundation: Crawl Space
Heating and Cooling
  • Forced Air
  • Natural Gas
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Public, Sewer Available, Natural Gas Available
School Information
  • Elementary School: Ruth Clark
  • Middle School: Haysville
  • High School: Campus
Garage
  • Carport
Stories
  • 1
Living Area
  • 1,976 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Heritage 1st Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 South Central Kansas MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/29/26 02:36