1935 SW Edgewater TerTopekaKS66604
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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 1935 SW Edgewater Ter, Topeka, KS, 66604 listed at $149,773 pairs $1,151/mo rent with a $733/mo payment to leave $155/mo cash flow. Total monthly income runs $1,151/mo, and annual cash flow reaches $1,856/yr on $49,650 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 9.22% at a $149,773 basis. Equity gained on principal adds $966/yr, and annual property appreciation at 5% supports $41,380 by year five. Five-year ROI tracks 123.52% and total cumulative return in cash totals $61,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,151/mo property income relative to a $733/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
8,640 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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Listed by: Sally Brooke • Coldwell Banker American Home
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236120
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.