1101 NE Kellam AveTopekaKS66616
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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
Investment property for sale in Topeka at 1101 NE Kellam Ave, Topeka, KS, 66616 at $135,900 posts ROI 22.2% with $86/mo cash flow from $990/mo rent. Total monthly income equals $990/mo, and annual cash flow records $1,033/yr on $45,051 to close. Return on cash invested measures 22.2% and rental yield reads 8.74% at the current $135,900. Equity gained on principal adds $877/yr, and 5% annual appreciation supports $37,547 by year five. Five-year ROI prints 115.88% and total cumulative return in cash totals $52,207.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $990/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66616, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,718 (100%) |
| Owner Occupied HU | 1,559 (57.4%) |
| Renter Occupied HU | 900 (33.1%) |
| Vacant Housing Units | 259 ( 9.5%) |
| Median Home Value | $85,202 |
| Average Home Value | $181,657 |
Housing Distribution
Address Breakdown
Residential
2,618
Single Family
2,574
Multi-Family
44
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Lori Moser • Berkshire Hathaway First
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #235430
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.