5859 SW 22nd Ter APT 3TopekaKS66614
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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 5859 SW 22nd Ter APT 3, Topeka, KS, 66614 generates $1,012/mo in rent and, after a $650/mo payment, leaves $128/mo in cash flow. Total monthly income is $1,012/mo, and annual cash flow is $1,540/yr on $44,056 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 9.14% on a $132,900 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation builds toward $36,718 over five years. Five-year ROI reaches 122.25% and total cumulative return in cash sums $53,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,012/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No 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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