5524 SW 13th StTopekaKS66604
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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 5524 SW 13th St, Topeka, KS, 66604 generates $1,541/mo in rent and, after a $1,093/mo payment, leaves $40/mo in cash flow. Total monthly income is $1,541/mo, and annual cash flow is $477/yr on $74,057 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 8.28% on a $223,400 entry. Equity gained on principal adds $1,442/yr, while 5% annual appreciation builds toward $61,721 over five years. Five-year ROI reaches 107.01% and total cumulative return in cash sums $79,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,541/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66604, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,231 (100%) |
| Owner Occupied HU | 5,562 (49.5%) |
| Renter Occupied HU | 4,662 (41.5%) |
| Vacant Housing Units | 1,007 ( 9.0%) |
| Median Home Value | $138,494 |
| Average Home Value | $179,446 |
Housing Distribution
Address Breakdown
Residential
10,842
Single Family
9,500
Multi-Family
1,342
Businesses
1,031
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Listed by: Michael Wiseman • Platinum Realty LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #234558
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.