824 E Main St, Independence, KS 67301

2 bd · 1 ba · 1,020 sqft · built 1908 · Independence · SINGLE_FAMILY·source listing ↗

$32,500

rent, three ways

OnePercent model (vv1)$989/mo

p10–p90 confidence band

HUD Fair Market Rent · 67301 · 2BR

$940/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Montgomery

Flood risk indexRelatively High FEMA NRI

Median household income$54,950

Median area rent$790/mo

Median home value$120,000

the verdict

3.04%vs 1.0% target

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

$32,500

3.04% · rent $989

Intrinsic value · income approach

$96,255

66% below 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.