1424-1426 SW Topeka BlvdTopekaKS66609
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 1424-1426 SW Topeka Blvd, Topeka, KS, 66609 offers a 9.79% rental yield on a $239,000 purchase with $1,950/mo rent. Total monthly income registers $1,950/mo, and a $1,170/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,317/yr on $79,229 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 132.68% and total cumulative return in cash at $105,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,950/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1945
7,809 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66609, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,452 (100%) |
| Owner Occupied HU | 2,237 (64.8%) |
| Renter Occupied HU | 908 (26.3%) |
| Vacant Housing Units | 307 ( 8.9%) |
| Median Home Value | $165,104 |
| Average Home Value | $183,656 |
Housing Distribution
Address Breakdown
Residential
3,507
Single Family
3,247
Multi-Family
260
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vivian Kane • Capitol City Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #234903
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.