8149 SW 61st StTopekaKS66610
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 8149 SW 61st St, Topeka, KS, 66610 generates $3,480/mo in rent and, after a $1,884/mo payment, leaves $919/mo in cash flow. Total monthly income is $3,480/mo, and annual cash flow is $11,028/yr on $127,628 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.85% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 149.82% and total cumulative return in cash sums $191,206. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.77 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelley Hughes • Better Homes and Gardens Real
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #241403
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.