906 SE 34th StTopekaKS66605
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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
Rental property for sale in Topeka at 906 SE 34th St, Topeka, KS, 66605 generates $972/mo in rent and, after a $612/mo payment, leaves $140/mo in cash flow. Total monthly income is $972/mo, and annual cash flow is $1,682/yr on $41,438 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 9.33% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash sums $51,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $972/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66605, Topeka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,222 (100%) |
| Owner Occupied HU | 4,787 (58.2%) |
| Renter Occupied HU | 2,628 (32.0%) |
| Vacant Housing Units | 807 ( 9.8%) |
| Median Home Value | $179,692 |
| Average Home Value | $199,097 |
Housing Distribution
Address Breakdown
Residential
7,916
Single Family
7,817
Multi-Family
99
Businesses
334
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