449 NW 62nd StTopekaKS66617
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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 449 NW 62nd St, Topeka, KS, 66617 offers a 3.84% rental yield on a $450,000 purchase with $1,440/mo rent. 41% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 36.4% and total cumulative return in cash at $54,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
5.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66617, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,638 (100%) |
| Owner Occupied HU | 2,969 (81.6%) |
| Renter Occupied HU | 513 (14.1%) |
| Vacant Housing Units | 156 ( 4.3%) |
| Median Home Value | $279,771 |
| Average Home Value | $321,313 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,681
Multi-Family
0
Businesses
85
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