3938 SW 40th TerTopekaKS66610
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 3938 SW 40th Ter, Topeka, KS, 66610 listed at $274,900 pairs $1,911/mo rent with a $1,346/mo payment to leave $83/mo cash flow. Total monthly income runs $1,911/mo, and annual cash flow reaches $992/yr on $91,129 cash to close. Return on cash invested measures 21% in year one, and rental yield registers 8.34% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 109.3% and total cumulative return in cash totals $99,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,911/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices