310 Todd StTopekaIN46571
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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 310 Todd St, Topeka, IN, 46571 priced at $399,900 converts $676/mo rent into after a $1,957/mo obligation. Total monthly income equals $676/mo. Return on cash invested prints 4.3% in year one, and rental yield reads 2.03% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 18.9% and total cumulative return in cash sums $25,052. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $676/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46571, Topeka, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,392 (79.2%) |
| Renter Occupied HU | 291 (16.6%) |
| Vacant Housing Units | 74 ( 4.2%) |
| Median Home Value | $467,302 |
| Average Home Value | $538,953 |
Housing Distribution
Address Breakdown
Residential
1,408
Single Family
1,408
Multi-Family
0
Businesses
163
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