5861 SW 22nd Ter APT 1TopekaKS66614
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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 5861 SW 22nd Ter APT 1, Topeka, KS, 66614 earns $94/mo cash flow from $1,012/mo rent with a $675/mo payment. Total monthly income totals $1,012/mo, and annual cash flow totals $1,132/yr on $45,747 capital. ROI tracks 22.38% on current figures, and rental yield reads 8.8% at a $138,000 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash sums $53,418. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,012/mo property income instead of your 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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