7214 SW 23rd CtTopekaKS66614
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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 7214 SW 23rd Ct, Topeka, KS, 66614 listed at $229,950 pairs $1,674/mo rent with a $1,125/mo payment to leave $145/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $1,736/yr on $76,228 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 8.74% at a $229,950 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,531 by year five. Five-year ROI tracks 115.68% and total cumulative return in cash totals $88,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
3,450 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66614, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,394 (100%) |
| Owner Occupied HU | 9,154 (59.5%) |
| Renter Occupied HU | 5,299 (34.4%) |
| Vacant Housing Units | 941 ( 6.1%) |
| Median Home Value | $210,701 |
| Average Home Value | $240,842 |
Housing Distribution
Address Breakdown
Residential
14,634
Single Family
12,969
Multi-Family
1,665
Businesses
711
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