1638 SW 28th StTopekaKS66611
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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 1638 SW 28th St, Topeka, KS, 66611 generates $1,541/mo in rent, after a $1,140/mo payment. Total monthly income is $1,541/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 7.94% on a $232,900 entry. Equity gained on principal adds $1,503/yr, while 5% annual appreciation builds toward $64,346 over five years. Five-year ROI reaches 102.78% and total cumulative return in cash sums $79,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,541/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.28 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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