304 SE 44th PkwyTopekaKS66609
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 304 SE 44th Pkwy, Topeka, KS, 66609 in Topeka is narrow, $6/mo net on $1,520/mo rent after the $1,023/mo debt service, but the property operates at break-even-plus, not a loss. At $227,500 with a 8.02% yield, the long-run equity case via 5% appreciation ($62,854 over five years) and $2,095/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $87,125.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 13.0% |
| Monthly Cash Flow | $6 | $850 |
City averages based on Topeka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,520 |
| Total Monthly Debt Service | $1,423 |
| DSCR Ratio | 1.07x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices