12042 Southeast StTopekaKS66610
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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 12042 Southeast St, Topeka, KS, 66610 generates $1,506/mo in rent, after a $2,340/mo payment. Total monthly income is $1,506/mo. Return on cash invested sits at 7.23% in year one, and rental yield is 3.78% on a $478,140 entry. Equity gained on principal adds $3,085/yr, while 5% annual appreciation builds toward $132,101 over five years. Five-year ROI reaches 35.47% and total cumulative return in cash sums $56,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,506/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66610, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 3,270 (85.1%) |
| Renter Occupied HU | 448 (11.7%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $348,575 |
| Average Home Value | $383,475 |
Housing Distribution
Address Breakdown
Residential
3,917
Single Family
3,917
Multi-Family
0
Businesses
25
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