1106 SW Red Oaks CtTopekaKS66615
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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 1106 SW Red Oaks Ct, Topeka, KS, 66615 uses $119,009 cash to close to unlock $13,329/yr annual cash flow and $1,111/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $1,757/mo payment keeps the spread at $1,111/mo. Purchase price stands at $359,000, and rental yield measures 11.83% with $3,540/mo rent. Return on cash invested shows 31.11% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 163.66% and total cumulative return in cash records $194,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Multi Family
Built in 2006
4,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66615, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 1,008 (62.0%) |
| Renter Occupied HU | 536 (32.9%) |
| Vacant Housing Units | 83 ( 5.1%) |
| Median Home Value | $354,839 |
| Average Home Value | $493,537 |
Housing Distribution
Address Breakdown
Residential
1,583
Single Family
1,171
Multi-Family
412
Businesses
119
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Listed by: Wayne Page • Better Homes and Gardens Real
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #239581
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.