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2321 SE Massachusetts St, Topeka, KS 66605 — $40,000 · 3bd · ~4.4% rule | OnePercent

2321 SE Massachusetts St, Topeka, KS 66605

$40,000

Home·Topeka 66605·2321 SE Massachusetts St, Topeka, KS 66605

Last confirmed 4 days ago

2321 SE Massachusetts St, Topeka, KS 66605

3 bd · 1 ba · 1,265 sqft · built 1960 · Topeka · SINGLE_FAMILY·source listing ↗

$40,000

rent, three ways

OnePercent model (vv1)$1,761/mo

point estimate — add comps for a band

HUD Fair Market Rent · 66605 · 3BR$1,340/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Shawnee

Flood risk indexRelatively Moderate FEMA NRI

Median household income$59,106

Median area rent$884/mo

Median home value$170,500

the verdict

4.40%vs 1.0% target

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

$40,000

4.40% · rent $1,761

Intrinsic value · income approach

$198,781

80% 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.