3609 SW Eveningside DrTopekaKS66614
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
Investment Highlights
Investment property for sale in Topeka at 3609 SW Eveningside Dr, Topeka, KS, 66614 offers a 9.65% rental yield on a $129,900 purchase with $1,045/mo rent. Total monthly income registers $1,045/mo, and a $636/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,167/yr on $43,062 to close, and return on cash invested stands at 24.94% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 130.49% and total cumulative return in cash at $56,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,045/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66614, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,394 (100%) |
| Owner Occupied HU | 9,154 (59.5%) |
| Renter Occupied HU | 5,299 (34.4%) |
| Vacant Housing Units | 941 ( 6.1%) |
| Median Home Value | $210,701 |
| Average Home Value | $240,842 |
Housing Distribution
Address Breakdown
Residential
14,634
Single Family
12,969
Multi-Family
1,665
Businesses
711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices