2924 SW Medford AveTopekaKS66611
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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 2924 SW Medford Ave, Topeka, KS, 66611 listed at $174,900 pairs $1,620/mo rent with a $856/mo payment to leave $456/mo cash flow. Total monthly income runs $1,620/mo, and annual cash flow reaches $5,478/yr on $57,979 cash to close. Return on cash invested measures 29.36% in year one, and rental yield registers 11.11% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 154.15% and total cumulative return in cash totals $89,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66611, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,734 (100%) |
| Owner Occupied HU | 2,287 (48.3%) |
| Renter Occupied HU | 1,925 (40.7%) |
| Vacant Housing Units | 522 (11.0%) |
| Median Home Value | $149,519 |
| Average Home Value | $187,884 |
Housing Distribution
Address Breakdown
Residential
4,779
Single Family
3,769
Multi-Family
1,010
Businesses
332
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