301 SW Western AveTopekaKS66606
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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 301 SW Western Ave, Topeka, KS, 66606 priced at $124,950 pairs $1,140/mo rent with $308/mo cash flow after a $612/mo payment. Total monthly income equals $1,140/mo, and annual cash flow comes to $3,699/yr on $41,421 invested. Return on cash invested is 28.84% in year one, and rental yield stands at 10.95% on a $124,950 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,521 by year five. Five-year ROI measures 151.43% and total cumulative return in cash reaches $62,725. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66606, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 2,592 (43.5%) |
| Renter Occupied HU | 2,661 (44.7%) |
| Vacant Housing Units | 705 (11.8%) |
| Median Home Value | $151,230 |
| Average Home Value | $254,577 |
Housing Distribution
Address Breakdown
Residential
5,591
Single Family
4,558
Multi-Family
1,033
Businesses
310
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