1602 SW Brooklyn AveTopekaKS66611
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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 1602 SW Brooklyn Ave, Topeka, KS, 66611 uses $63,648 cash to close to unlock $3,161/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,541/mo, and a $940/mo payment keeps the spread at $263/mo. Purchase price stands at $192,000, and rental yield measures 9.63% with $1,541/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 130.13% and total cumulative return in cash records $82,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,541/mo property income covering a $940/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.50 Acres 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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Listed by: Deb Manning • Berkshire Hathaway First
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #237032
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.