5925 NW 62nd StTopekaKS66618
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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 5925 NW 62nd St, Topeka, KS, 66618 uses $78,678 cash to close to unlock $6,560/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $2,126/mo, and a $1,162/mo payment keeps the spread at $547/mo. Purchase price stands at $237,340, and rental yield measures 10.75% with $2,126/mo rent. Return on cash invested shows 28.25% in year one, and 5% annual appreciation builds toward $65,573 over five years. Five-year ROI reaches 148.17% and total cumulative return in cash records $116,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,126/mo property income covering a $1,162/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66618, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,768 (100%) |
| Owner Occupied HU | 3,258 (86.5%) |
| Renter Occupied HU | 402 (10.7%) |
| Vacant Housing Units | 108 ( 2.9%) |
| Median Home Value | $295,627 |
| Average Home Value | $311,205 |
Housing Distribution
Address Breakdown
Residential
3,715
Single Family
3,715
Multi-Family
0
Businesses
187
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