4136 NW Walnut RdTopekaKS66618
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
Rental property for sale in Topeka at 4136 NW Walnut Rd, Topeka, KS, 66618 generates $1,980/mo in rent and, after a $1,297/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $2,607/yr on $87,814 invested. Return on cash invested sits at 22.88% in year one, and rental yield is 8.97% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 119.4% and total cumulative return in cash sums $104,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66618, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,768 (100%) |
| Owner Occupied HU | 3,258 (86.5%) |
| Renter Occupied HU | 402 (10.7%) |
| Vacant Housing Units | 108 ( 2.9%) |
| Median Home Value | $295,627 |
| Average Home Value | $311,205 |
Housing Distribution
Address Breakdown
Residential
3,715
Single Family
3,715
Multi-Family
0
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Lichtenauer • Countrywide Realty, Inc.
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238801
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.