3616 NE Seward AveTopekaKS66616
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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 3616 NE Seward Ave, Topeka, KS, 66616 listed at $219,000 pairs $990/mo rent with a $1,072/mo payment. Total monthly income runs $990/mo. Return on cash invested measures 12.19% in year one, and rental yield registers 5.42% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 62.06% and total cumulative return in cash totals $45,057. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $990/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66616, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,718 (100%) |
| Owner Occupied HU | 1,559 (57.4%) |
| Renter Occupied HU | 900 (33.1%) |
| Vacant Housing Units | 259 ( 9.5%) |
| Median Home Value | $85,202 |
| Average Home Value | $181,657 |
Housing Distribution
Address Breakdown
Residential
2,618
Single Family
2,574
Multi-Family
44
Businesses
84
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