3342 SE Irvingham StTopekaKS66605
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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 3342 SE Irvingham St, Topeka, KS, 66605 uses $41,438 cash to close to unlock $1,922/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $992/mo, and a $612/mo payment keeps the spread at $160/mo. Purchase price stands at $125,000, and rental yield measures 9.52% with $992/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.45% and total cumulative return in cash records $53,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $992/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,534 sqft 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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