301 SE Klein StTopekaKS66607
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 301 SE Klein St, Topeka, KS, 66607 in Topeka is listed at $100,000 and delivers $960/mo in rent and $295/mo in net monthly cash flow. The 11.52% yield and 2.13 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $27,628 over five years, and $921/yr in principal reduction supplements cash return. Total projected cumulative return: $57,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 13.0% |
| Monthly Cash Flow | $295 | $850 |
City averages based on Topeka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $960 |
| Total Monthly Debt Service | $625 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66607, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 1,537 (39.6%) |
| Renter Occupied HU | 1,791 (46.2%) |
| Vacant Housing Units | 549 (14.2%) |
| Median Home Value | $72,087 |
| Average Home Value | $126,127 |
Housing Distribution
Address Breakdown
Residential
3,711
Single Family
3,522
Multi-Family
189
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66607, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 1,537 (39.6%) |
| Renter Occupied HU | 1,791 (46.2%) |
| Vacant Housing Units | 549 (14.2%) |
| Median Home Value | $72,087 |
| Average Home Value | $126,127 |
Housing Distribution
Address Breakdown
Residential
3,711
Single Family
3,522
Multi-Family
189
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices