6823 SW Knoll CtTopekaKS66619
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
Investment Highlights
Rental property for sale in Topeka at 6823 SW Knoll Ct, Topeka, KS, 66619 generates $1,199/mo in rent, after a $974/mo payment. Total monthly income is $1,199/mo. Return on cash invested sits at 17.64% in year one, and rental yield is 7.23% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 91.33% and total cumulative return in cash sums $60,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,199/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66619, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 567 (41.3%) |
| Renter Occupied HU | 655 (47.7%) |
| Vacant Housing Units | 151 (11.0%) |
| Median Home Value | $347,333 |
| Average Home Value | $388,505 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices