4112 SE Illinois AveTopekaKS66609
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
Total monthly income runs $1,980/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 7.95% with $1,980/mo rent. Return on cash invested shows 19.8% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 102.91% and total cumulative return in cash records $101,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66609, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,452 (100%) |
| Owner Occupied HU | 2,237 (64.8%) |
| Renter Occupied HU | 908 (26.3%) |
| Vacant Housing Units | 307 ( 8.9%) |
| Median Home Value | $165,104 |
| Average Home Value | $183,656 |
Housing Distribution
Address Breakdown
Residential
3,507
Single Family
3,247
Multi-Family
260
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices