3914 SW 38th LnTopekaKS66610
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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 3914 SW 38th Ln, Topeka, KS, 66610 uses $104,423 cash to close to unlock $553/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $2,142/mo, and a $1,542/mo payment keeps the spread at $46/mo. Purchase price stands at $315,000, and rental yield measures 8.16% with $2,142/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 106.34% and total cumulative return in cash records $111,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,142/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66610, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 3,270 (85.1%) |
| Renter Occupied HU | 448 (11.7%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $348,575 |
| Average Home Value | $383,475 |
Housing Distribution
Address Breakdown
Residential
3,917
Single Family
3,917
Multi-Family
0
Businesses
25
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