$160,000

5509 S Charles St, Wichita, KS 67217

  • 4 beds |
  • 2 baths |
  • 1,976 sqft
  • Property Icon Manufactured Home
  • Property Year Built Icon Built in 2001
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $81/sqft
  • Property List Date Icon Listed 19 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 7:21PM
Listing Office:
Heritage 1st Realty : 316-512-1300
Listing Agent:
Amanda Jolley : 316-213-9043
MLS ID:
SCK667559
  • General: Ceiling Fan(s)Walk-In Closet(s)Vaulted Ceiling(s)
  • Master Bedroom: Master Bdrm on Main LevelMaster Bedroom BathSep. Tub/Shower/Mstr BdrmTwo Sinks
  • Dining: Eating BarEating Space in KitchenKitchen/Dining Combo
  • Laundry: Main FloorSeparate Room220 equipment
  • Basement: None
  • A/C: Central AirElectric
  • Heating: Forced AirNatural Gas
  • General: Storm ShelterVinyl/Aluminum
  • Style: Mobile/Mfd-Perm Found.
  • Other Structures: Storage
  • Roofing: Composition
  • General: OneCrawl Space
  • Road/Access: Paved Road
  • Originating MLS: sckansas
  • School District: Haysville School District (USD 261)
  • County: Sedgwick
  • Zoning: LOT 27 BLOCK A SIMMONS PARK ADD.214-19-0-43-01-027.00
  • Fencing: Wood
  • Utilities: Sewer AvailableNatural Gas AvailablePublic
  • Source: sckansas
  • Ownership: Individual

This listing courtesy of Amanda Jolley , Heritage 1st Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Ruth Clark Elementary School

1900 W 55th St S, Wichita, KS, 67217

Grades PK-5

0.10 miles away

H

Haysville Middle School

900 W Grand Ave, Haysville, KS, 67060

Grades 6-8

1.99 miles away

C

Campus High School

2100 W 55th St S, Wichita, KS, 67217

Grades 9-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.