131 SW Clay StTopekaKS66606
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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 131 SW Clay St, Topeka, KS, 66606 offers $1,140/mo rent that, after a $1,238/mo payment. Total monthly income is $1,140/mo. Return on cash invested measures 12.14% in year one, and rental yield stands at 5.41% at a $253,000 entry. Equity gained on principal adds $1,633/yr while 5% annual appreciation compounds into $69,899 by year five. Five-year ROI records 61.84% and total cumulative return in cash reaches $51,868. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $1,238/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1887
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66606, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 2,592 (43.5%) |
| Renter Occupied HU | 2,661 (44.7%) |
| Vacant Housing Units | 705 (11.8%) |
| Median Home Value | $151,230 |
| Average Home Value | $254,577 |
Housing Distribution
Address Breakdown
Residential
5,591
Single Family
4,558
Multi-Family
1,033
Businesses
310
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