1512 SW 29th TerTopekaKS66611
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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 1512 SW 29th Ter, Topeka, KS, 66611 offers a 7.48% rental yield on a $259,900 purchase with $1,620/mo rent. 39% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 95.36% and total cumulative return in cash at $82,162. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,276 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
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