1738 SW Mission AveTopekaKS66604
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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 1738 SW Mission Ave, Topeka, KS, 66604 generates $1,342/mo in rent and, after a $871/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,342/mo, and annual cash flow is $1,898/yr on $58,974 invested. Return on cash invested sits at 23.13% in year one, and rental yield is 9.05% on a $177,900 entry. Equity gained on principal adds $1,148/yr, while 5% annual appreciation builds toward $49,150 over five years. Five-year ROI reaches 120.79% and total cumulative return in cash sums $71,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,342/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66604, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,231 (100%) |
| Owner Occupied HU | 5,562 (49.5%) |
| Renter Occupied HU | 4,662 (41.5%) |
| Vacant Housing Units | 1,007 ( 9.0%) |
| Median Home Value | $138,494 |
| Average Home Value | $179,446 |
Housing Distribution
Address Breakdown
Residential
10,842
Single Family
9,500
Multi-Family
1,342
Businesses
1,031
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