2024 SW Buchanan StTopekaKS66604
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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 2024 SW Buchanan St, Topeka, KS, 66604 uses $46,079 cash to close to unlock $1,783/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $1,073/mo, and a $680/mo payment keeps the spread at $149/mo. Purchase price stands at $139,000, and rental yield measures 9.26% with $1,073/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 124.24% and total cumulative return in cash records $57,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,073/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1930
N/A 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: Vivian Kane • Capitol City Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240088
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.