304 SE 44th PkwyTopekaKS66609
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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 304 SE 44th Pkwy, Topeka, KS, 66609 uses $75,416 cash to close to unlock $84/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $1,520/mo, and a $1,114/mo payment keeps the spread at $7/mo. Purchase price stands at $227,500, and rental yield measures 8.02% with $1,520/mo rent. Return on cash invested shows 20.02% in year one, and 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 104.02% and total cumulative return in cash records $78,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,520/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66609, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,452 (100%) |
| Owner Occupied HU | 2,237 (64.8%) |
| Renter Occupied HU | 908 (26.3%) |
| Vacant Housing Units | 307 ( 8.9%) |
| Median Home Value | $165,104 |
| Average Home Value | $183,656 |
Housing Distribution
Address Breakdown
Residential
3,507
Single Family
3,247
Multi-Family
260
Businesses
291
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