8618 SW 51st 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 8618 SW 51st St, Topeka, KS, 66610 offers a 6.79% rental yield on a $615,000 purchase with $3,480/mo rent. 43% in year one. Equity gained on principal adds $3,969/yr while 5% annual appreciation supports $169,913 over five years. Portfolio math shows five-year ROI at 84.79% and total cumulative return in cash at $171,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
3.49 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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