3308 SE Peck RdTopekaKS66605
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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 3308 SE Peck Rd, Topeka, KS, 66605 offers $1,050/mo rent that, after a $1,561/mo payment. Total monthly income is $1,050/mo. Return on cash invested measures 7.2% in year one, and rental yield stands at 3.95% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 35.54% and total cumulative return in cash reaches $37,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,050/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66605, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,222 (100%) |
| Owner Occupied HU | 4,787 (58.2%) |
| Renter Occupied HU | 2,628 (32.0%) |
| Vacant Housing Units | 807 ( 9.8%) |
| Median Home Value | $179,692 |
| Average Home Value | $199,097 |
Housing Distribution
Address Breakdown
Residential
7,916
Single Family
7,817
Multi-Family
99
Businesses
334
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Listed by: Norma Jantz • Kirk & Cobb, Inc.
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #239056
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.