1022 SW Macvicar AveTopekaKS66604
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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 1022 SW Macvicar Ave, Topeka, KS, 66604 offers $1,175/mo rent that, after a $743/mo payment, leaves $165/mo cash flow. Total monthly income is $1,175/mo, and annual cash flow is $1,981/yr on $50,322 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.29% at a $151,800 entry. Equity gained on principal adds $980/yr while 5% annual appreciation compounds into $41,940 by year five. Five-year ROI records 124.66% and total cumulative return in cash reaches $62,731. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,175/mo property income versus a $743/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66604, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,231 (100%) |
| Owner Occupied HU | 5,562 (49.5%) |
| Renter Occupied HU | 4,662 (41.5%) |
| Vacant Housing Units | 1,007 ( 9.0%) |
| Median Home Value | $138,494 |
| Average Home Value | $179,446 |
Housing Distribution
Address Breakdown
Residential
10,842
Single Family
9,500
Multi-Family
1,342
Businesses
1,031
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