1967 SW Arrowhead RdTopekaKS66604
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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 1967 SW Arrowhead Rd, Topeka, KS, 66604 offers $1,530/mo rent that, after a $1,383/mo payment. Total monthly income is $1,530/mo. Return on cash invested measures 15.43% in year one, and rental yield stands at 6.5% at a $282,500 entry. Equity gained on principal adds $1,823/yr while 5% annual appreciation compounds into $78,050 by year five. Five-year ROI records 79.46% and total cumulative return in cash reaches $74,414. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,530/mo property income versus a $1,383/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.31 Acres 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: Tricia Spangler • Hawks R/E Professionals
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236247
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.