0 NE 54th StTopekaKS66617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Topeka at 0 NE 54th St, Topeka, KS, 66617 priced at $199,500 converts $1,440/mo rent into $113/mo cash flow after a $976/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $1,359/yr on $66,134 invested. Return on cash invested prints 21.96% in year one, and rental yield reads 8.66% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 114.52% and total cumulative return in cash sums $75,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66617, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,638 (100%) |
| Owner Occupied HU | 2,969 (81.6%) |
| Renter Occupied HU | 513 (14.1%) |
| Vacant Housing Units | 156 ( 4.3%) |
| Median Home Value | $279,771 |
| Average Home Value | $321,313 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,681
Multi-Family
0
Businesses
85
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