400 SW Topeka BlvdTopekaKS66603
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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
Rental property for sale in Topeka at 400 SW Topeka Blvd, Topeka, KS, 66603 priced at $640,000 pairs $916/mo rent with after a $3,132/mo payment. Total monthly income equals $916/mo. Return on cash invested is 1.02% in year one, and rental yield stands at 1.72% on a $640,000 basis. Equity gained on principal adds $4,130/yr, and 5% annual appreciation accumulates to $176,820 by year five. Five-year ROI measures 2.12% and total cumulative return in cash reaches $4,458. For financing, Ziffy Mortgage’s DSCR program evaluates $916/mo property income against a $3,132/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1926
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66603, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,182 (100%) |
| Owner Occupied HU | 200 (16.9%) |
| Renter Occupied HU | 581 (49.2%) |
| Vacant Housing Units | 401 (33.9%) |
| Median Home Value | $83,077 |
| Average Home Value | $140,600 |
Housing Distribution
Address Breakdown
Residential
923
Single Family
566
Multi-Family
357
Businesses
476
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