2401 SE Maryland AveTopekaKS66605
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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 2401 SE Maryland Ave, Topeka, KS, 66605 priced at $148,500 converts $1,440/mo rent into $452/mo cash flow after a $727/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $5,423/yr on $49,228 invested. Return on cash invested prints 30.92% in year one, and rental yield reads 11.64% against a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation compiles into $41,028 by year five. Five-year ROI reaches 162.52% and total cumulative return in cash sums $80,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $727/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66605, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,222 (100%) |
| Owner Occupied HU | 4,787 (58.2%) |
| Renter Occupied HU | 2,628 (32.0%) |
| Vacant Housing Units | 807 ( 9.8%) |
| Median Home Value | $179,692 |
| Average Home Value | $199,097 |
Housing Distribution
Address Breakdown
Residential
7,916
Single Family
7,817
Multi-Family
99
Businesses
334
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Listed by: Janet Carter • Carter Realty
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236277
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.