1900 NW Lyman Rd #33TopekaKS66608
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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 1900 NW Lyman Rd #33, Topeka, KS, 66608 offers a 10.48% rental yield on a $144,300 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $706/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,603/yr on $47,835 to close, and return on cash invested stands at 27.44% in year one. Equity gained on principal adds $931/yr while 5% annual appreciation supports $39,867 over five years. Portfolio math shows five-year ROI at 143.93% and total cumulative return in cash at $68,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $706/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66608, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,217 (48.4%) |
| Renter Occupied HU | 901 (35.8%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $73,512 |
| Average Home Value | $128,673 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,155
Multi-Family
189
Businesses
542
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