Condo Investment Properties for Sale in Topeka, KS
$ 275,000
ROI
29.9
Cash Flow/m
773- 5 Bed
- 3 Bath
- 2890 sft
5322 NW Lana Ct, Topeka, KS, 66618
$ 113,900
ROI
22.3Cash Flow/m
79- 2 Bed
- 2 Bath
- 1024 sft
5641 SW Foxcroft South Cir #106, Topeka, KS, 66614
$ 149,000
ROI
25.3Cash Flow/m
228- 2 Bed
- 3 Bath
- 1810 sft
5613 SW Foxcroft Cir N, Topeka, KS, 66614
$ 138,000
ROI
22.2Cash Flow/m
94- 2 Bed
- 1 Bath
- 952 sft
5861 SW 22nd Ter APT 1, Topeka, KS, 66614
Why Invest in Topeka, Kansas?
Topeka condo investments offer stable cash flow in Kansas's capital city, supported by government jobs and hospital expansions. Affordable entry points around $190K median home values deliver strong rental yields of 12-15%. Annual appreciation projects at 8-12%, outpacing national averages. Recession-resistant employment ensures consistent demand for condo rentals. Downtown revitalization boosts long-term value for urban condos.
12%
Avg. ROI
13%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$1010/mo
Avg. Rent
10%
1Y Appreciation
Frequently Asked Questions
Yes, Topeka condos provide strong cash flow with 12-15% yields due to affordable prices and government-backed demand. Stable employment from state jobs ensures reliable tenants. Appreciation of 8-12% annually adds upside potential.
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