2029 SE 10th AveTopekaKS66607
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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 2029 SE 10th Ave, Topeka, KS, 66607 generates $960/mo in rent and, after a $587/mo payment, leaves $162/mo in cash flow. Total monthly income is $960/mo, and annual cash flow is $1,944/yr on $39,780 invested. Return on cash invested sits at 24.8% in year one, and rental yield is 9.6% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 129.64% and total cumulative return in cash sums $51,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66607, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 1,537 (39.6%) |
| Renter Occupied HU | 1,791 (46.2%) |
| Vacant Housing Units | 549 (14.2%) |
| Median Home Value | $72,087 |
| Average Home Value | $126,127 |
Housing Distribution
Address Breakdown
Residential
3,711
Single Family
3,522
Multi-Family
189
Businesses
255
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