1208 SW 10th 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
Investment property for sale in Topeka at 1208 SW 10th Ave, Topeka, KS, 66604 uses $64,643 cash to close to unlock $2,005/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,464/mo, and a $954/mo payment keeps the spread at $167/mo. Purchase price stands at $195,000, and rental yield measures 9.01% with $1,464/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 120.14% and total cumulative return in cash records $77,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,464/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1900
N/A 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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