7239 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 7239 SW 23rd Ct, Topeka, KS, 66614 uses $76,212 cash to close to unlock $1,017/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,125/mo payment keeps the spread at $85/mo. Purchase price stands at $229,900, and rental yield measures 8.74% with $1,674/mo rent. Return on cash invested shows 21.24% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 110.96% and total cumulative return in cash records $84,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 2004
5,227 sqft lot
$N/A/sqft
$60 monthly 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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Listed by: Tracy Bailey • TopCity Realty, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240826
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.