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1030 NE Michigan Ave, Topeka, KS 66616 — $155,000 · 3bd · ~1.3% rule | OnePercent

1030 NE Michigan Ave, Topeka, KS 66616

$155,000

Home·Topeka 66616·1030 NE Michigan Ave, Topeka, KS 66616

Last confirmed 4 days ago

1030 NE Michigan Ave, Topeka, KS 66616

3 bd · 2 ba · 1,248 sqft · built 1956 · Topeka · SINGLE_FAMILY·source listing ↗

$155,000

rent, three ways

OnePercent model (vv1)$2,005/mo

p10–p90 confidence band

HUD Fair Market Rent · 66616 · 3BR$1,410/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Shawnee

Flood risk indexRelatively Low FEMA NRI

Median household income$51,893

Median area rent$1,078/mo

Median home value$82,900

the verdict

1.29%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$155,000

1.29% · rent $2,005

Intrinsic value · income approach

$148,349

4% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.