2305 SW Madeline LnTopekaKS66614
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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 2305 SW Madeline Ln, Topeka, KS, 66614 priced at $158,600 converts $1,451/mo rent into $386/mo cash flow after a $776/mo obligation. Total monthly income equals $1,451/mo, and annual cash flow totals $4,633/yr on $52,576 invested. Return on cash invested prints 28.72% in year one, and rental yield reads 10.98% against a $158,600 entry. Equity gained on principal adds $1,023/yr, while 5% annual appreciation compiles into $43,818 by year five. Five-year ROI reaches 150.88% and total cumulative return in cash sums $79,326. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,451/mo property income covering a $776/mo payment, not borrower’s personal income.
Single Family
Built in 1956
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66614, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,394 (100%) |
| Owner Occupied HU | 9,154 (59.5%) |
| Renter Occupied HU | 5,299 (34.4%) |
| Vacant Housing Units | 941 ( 6.1%) |
| Median Home Value | $210,701 |
| Average Home Value | $240,842 |
Housing Distribution
Address Breakdown
Residential
14,634
Single Family
12,969
Multi-Family
1,665
Businesses
711
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