1801 SE Lott StTopekaKS66605
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 1801 SE Lott St, Topeka, KS, 66605 listed at $115,000 pairs $863/mo rent with a $563/mo payment to leave $98/mo cash flow. Total monthly income runs $863/mo, and annual cash flow reaches $1,173/yr on $38,123 cash to close. Return on cash invested measures 22.99% in year one, and rental yield registers 9.01% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 119.95% and total cumulative return in cash totals $45,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $863/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
8,576 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66605, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,222 (100%) |
| Owner Occupied HU | 4,787 (58.2%) |
| Renter Occupied HU | 2,628 (32.0%) |
| Vacant Housing Units | 807 ( 9.8%) |
| Median Home Value | $179,692 |
| Average Home Value | $199,097 |
Housing Distribution
Address Breakdown
Residential
7,916
Single Family
7,817
Multi-Family
99
Businesses
334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marsha Madl • Genesis, LLC, REALTORS
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236455
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.