615 SW 9th StTopekaKS66612
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 615 SW 9th St, Topeka, KS, 66612 in Topeka speaks for itself: 16.71% gross on a $144,300 price, generating $2,009/mo in rent and $1,025/mo in net income after the $649/mo debt service. DSCR 3.10, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,294 stacks alongside $39,867 in projected five-year appreciation and $1,329/yr in principal reduction. Projected total cumulative return: $121,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.7% | 13.0% |
| Monthly Cash Flow | $1,025 | $850 |
City averages based on Topeka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,009 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 2.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66612, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 281 (16.6%) |
| Renter Occupied HU | 956 (56.6%) |
| Vacant Housing Units | 452 (26.8%) |
| Median Home Value | $47,667 |
| Average Home Value | $94,840 |
Housing Distribution
Address Breakdown
Residential
1,290
Single Family
526
Multi-Family
764
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66612, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 281 (16.6%) |
| Renter Occupied HU | 956 (56.6%) |
| Vacant Housing Units | 452 (26.8%) |
| Median Home Value | $47,667 |
| Average Home Value | $94,840 |
Housing Distribution
Address Breakdown
Residential
1,290
Single Family
526
Multi-Family
764
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices