711 SW Buchanan StTopekaKS66606
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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 711 SW Buchanan St, Topeka, KS, 66606 priced at $520,000 pairs $1,140/mo rent with after a $2,545/mo payment. Total monthly income equals $1,140/mo. Return on cash invested is 3.79% in year one, and rental yield stands at 2.63% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 16.99% and total cumulative return in cash reaches $29,075. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66606, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 2,592 (43.5%) |
| Renter Occupied HU | 2,661 (44.7%) |
| Vacant Housing Units | 705 (11.8%) |
| Median Home Value | $151,230 |
| Average Home Value | $254,577 |
Housing Distribution
Address Breakdown
Residential
5,591
Single Family
4,558
Multi-Family
1,033
Businesses
310
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Listed by: Dustin Stovall • Beoutdoors Real Estate, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #239916
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.