3737 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 3737 NE Seward Ave, Topeka, KS, 66616 offers a 5.17% rental yield on a $230,000 purchase with $990/mo rent. 4% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 57.88% and total cumulative return in cash at $44,131. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $990/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.67 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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