5516 SW Chapella StTopekaKS66614
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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 5516 SW Chapella St, Topeka, KS, 66614 priced at $349,500 pairs $1,674/mo rent with after a $1,711/mo payment. Total monthly income equals $1,674/mo. Return on cash invested is 11.28% in year one, and rental yield stands at 5.75% on a $349,500 basis. Equity gained on principal adds $2,255/yr, and 5% annual appreciation accumulates to $96,560 by year five. Five-year ROI measures 57.86% and total cumulative return in cash reaches $67,033. For financing, Ziffy Mortgage’s DSCR program evaluates $1,674/mo property income against a $1,711/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
5,662 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66614, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,394 (100%) |
| Owner Occupied HU | 9,154 (59.5%) |
| Renter Occupied HU | 5,299 (34.4%) |
| Vacant Housing Units | 941 ( 6.1%) |
| Median Home Value | $210,701 |
| Average Home Value | $240,842 |
Housing Distribution
Address Breakdown
Residential
14,634
Single Family
12,969
Multi-Family
1,665
Businesses
711
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Listed by: Marta Barron • Stone & Story RE Group, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #237409
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.