6816 NE Indian Creek RdTopekaKS66617
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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 6816 NE Indian Creek Rd, Topeka, KS, 66617 generates $1,440/mo in rent, after a $2,080/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 8.09% in year one, and rental yield is 4.07% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 40.09% and total cumulative return in cash sums $56,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66617, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,638 (100%) |
| Owner Occupied HU | 2,969 (81.6%) |
| Renter Occupied HU | 513 (14.1%) |
| Vacant Housing Units | 156 ( 4.3%) |
| Median Home Value | $279,771 |
| Average Home Value | $321,313 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,681
Multi-Family
0
Businesses
85
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