2401 SW Romar RdTopekaKS66614
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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 2401 SW Romar Rd, Topeka, KS, 66614 uses $75,914 cash to close to unlock $1,876/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,121/mo payment keeps the spread at $156/mo. Purchase price stands at $229,000, and rental yield measures 8.8% with $1,680/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 116.76% and total cumulative return in cash records $88,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,840 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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