1402 SW 32nd StTopekaKS66611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1402 SW 32nd St, Topeka, KS, 66611 offers a 9.29% rental yield on a $149,900 purchase with $1,160/mo rent. Total monthly income registers $1,160/mo, and a $734/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,949/yr on $49,692 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 124.56% and total cumulative return in cash at $61,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,160/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66611, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,734 (100%) |
| Owner Occupied HU | 2,287 (48.3%) |
| Renter Occupied HU | 1,925 (40.7%) |
| Vacant Housing Units | 522 (11.0%) |
| Median Home Value | $149,519 |
| Average Home Value | $187,884 |
Housing Distribution
Address Breakdown
Residential
4,779
Single Family
3,769
Multi-Family
1,010
Businesses
332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices