1214 NW Van Buren StTopekaKS66608
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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 1214 NW Van Buren St, Topeka, KS, 66608 priced at $110,000 converts $869/mo rent into $138/mo cash flow after a $538/mo obligation. Total monthly income equals $869/mo, and annual cash flow totals $1,651/yr on $36,465 invested. Return on cash invested prints 24.44% in year one, and rental yield reads 9.48% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 127.75% and total cumulative return in cash sums $46,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $869/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1903
5,022 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66608, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,217 (48.4%) |
| Renter Occupied HU | 901 (35.8%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $73,512 |
| Average Home Value | $128,673 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,155
Multi-Family
189
Businesses
542
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Listed by: Pepe Miranda • Genesis, LLC, Realtors
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #239036
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.