2820 SE Shawnee DrTopekaKS66605
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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 2820 SE Shawnee Dr, Topeka, KS, 66605 offers $1,050/mo rent that, after a $1,199/mo payment. Total monthly income is $1,050/mo. Return on cash invested measures 10.76% in year one, and rental yield stands at 5.14% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 54.59% and total cumulative return in cash reaches $44,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,050/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.36 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: Lou Ann Thoms • Coldwell Banker American Home
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236360
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.