8040 SW 61st StTopekaKS66610
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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 8040 SW 61st St, Topeka, KS, 66610 earns $559/mo cash flow from $4,650/mo rent with a $3,010/mo payment. Total monthly income totals $4,650/mo, and annual cash flow totals $6,703/yr on $202,335 capital. ROI tracks 23.37% on current figures, and rental yield reads 9.07% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 122% and total cumulative return in cash sums $246,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,650/mo property income instead of your personal income.
Single Family
Built in 1990
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66610, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 3,270 (85.1%) |
| Renter Occupied HU | 448 (11.7%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $348,575 |
| Average Home Value | $383,475 |
Housing Distribution
Address Breakdown
Residential
3,917
Single Family
3,917
Multi-Family
0
Businesses
25
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