334 N 18th St · Kansas City, KS 66102

$165,000

3 bd · 1.0 ba · 1,040 sqft · SingleFamily public records · 7 Days on market

Built 1912 4,792 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.1/30.0
• ARV discount +7.5/15.0
• Rent growth +4.6/5.0
• DSCR +4.3/10.0
• 1% rule +4.2/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEW NEW NEW! This house just needs a New Owner. Great for first time home buyers!!!! Classic 3 bedroom 1 bath home!! It is a Unique 1912's Bungalow Newer roof, newer siding, newly painted, hard refinish floors, fenced yard, Granite in the kitchen . . . I promise this house will impress you for the money. Close to Donelly college & Central Avenue, easy to take the highways 70 and 670..

Key facts

• 4,792 sq ft lot
• Built 1912
• Listed 6 days

Property features AI

Exterior

• Parking: Off-street parking
• Security: Smoke detector(s)
• Utilities: City/public water (verify); Public sewer; Cable, fiber, and high-speed internet available
• Home design: Single-family residence; Residential property; Bungalow style; Approximately 1,144 sq ft living area; Above-grade finished area reported as 944; below-grade finished area reported as 200
• Construction: Block and frame construction; Composition (shingle) roof; Has a full basement with inside entrance and stone/rock construction
• Exterior features: Patio; Porch; Metal fencing; Shed(s); Paved road access; Located inside city limits; Not in a flood plain

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Gas range; Refrigerator; Pantry
• Bedrooms: 3 bedrooms (one on the first floor; two on the second floor)
• Flooring: Tile; Wood; Carpet in at least one room
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Electric cooling
• Interior features: Ceiling fans; Pantry; Vaulted ceilings; Walk-in closets; Storm windows; Thermal windows; Storm doors; Smoke detector(s); Bungalow-style floor plan
• Laundry & utility: Washer; Dryer; Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $23 ($279/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (7.7% below list).
• Recommended offer: $152k (7.7% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.8% in Kansas City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#103 in KS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
• Kansas City (urban): math 8% / reading 15% proficiency, ranked #169 of 169 in KS (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Frances Willard Elem (math 15% / reading 17%, grade F, #621 of 684 statewide, top 91%, 405 students, 92% FRL); J C Harmon High (math 0% / reading 4%, grade F, #326 of 327 statewide, top 100%, 1,330 students, 79% FRL) — zoned schools at 85% FRL track the district average.
• Market conditions: Rents rising fast (+8.4%/yr); 109 active listings in the ZIP; 369 units permitted in Wyandotte County in 2024 (236 in 5+ unit buildings).
• This rent runs 35% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Wyandotte County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $20k; list at $165k implies a 725% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $152,354 (7.7% below list)

Questions for the listing agent

1. Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 6.46%
• Cash-on-cash: 0.60%
• DSCR: 1.03
• GRM: 9.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.63×
• Total profit: $-17,156
• Equity at exit: $24,602

10-year hold

• IRR: 5.7%
• Equity multiple: 1.52×
• Total profit: $23,809
• Equity at exit: $14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kansas: 83 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; moderate court pace.

Methodology + full state rankings →

ZIP-level market 66102

• Home prices YoY: -8.7%
• Rents YoY: 8.4%
• Active inventory: 109
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,524 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$246 /mo · $2,956/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $23

Break-even live

Break-even rent $1,494

Max offer price $165,000

Occupancy floor 93%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $165,000 Active 7 DOM
2. 2026-06-17
   days on market $165,000 Active 6 DOM
3. 2026-06-16
   days on market $165,000 Active 5 DOM
4. 2026-06-15
   days on market $165,000 Active 4 DOM
5. 2026-06-13
   days on market $165,000 Active 2 DOM
6. 2026-06-13
   statusdays on market $165,000 Active 1 DOM
7. 2026-06-09
   days on market $165,000 Coming Soon 23 DOM
8. 2026-06-08
   days on market $165,000 Coming Soon 22 DOM
9. 2026-06-07
   days on market $165,000 Coming Soon 21 DOM
10. 2026-06-05
    days on market $165,000 Coming Soon 18 DOM
11. 2026-06-03
    days on market $165,000 Coming Soon 17 DOM
12. 2026-06-02
    days on market $165,000 Coming Soon 16 DOM
13. 2026-06-01
    days on market $165,000 Coming Soon 15 DOM
14. 2026-05-31
    days on market $165,000 Coming Soon 14 DOM
15. 2026-05-17
    historical $165,000
16. 2020-11-20
    soldstatus Closed 396-char remark

    Show marketing remark (396 chars)

    NEW NEW NEW! This house just needs a New Owner. Great for first time home buyers!!!! Classic 3 bedroom 1 bath home!! It is a Unique 1912's Bungalow Newer roof, newer siding, newly painted, hard refinish floors, fenced yard, Granite in the kitchen . . . I promise this house will impress you for the money. Close to Donelly college & Central Avenue, easy to take the highways 70 and 670..

17. 2020-11-18
    soldstatus
18. 2020-10-23
    price $110,000 396-char remark

    Show marketing remark (396 chars)

    NEW NEW NEW! This house just needs a New Owner. Great for first time home buyers!!!! Classic 3 bedroom 1 bath home!! It is a Unique 1912's Bungalow Newer roof, newer siding, newly painted, hard refinish floors, fenced yard, Granite in the kitchen . . . I promise this house will impress you for the money. Close to Donelly college & Central Avenue, easy to take the highways 70 and 670..

19. 2020-10-12
    status Pending 396-char remark

    Show marketing remark (396 chars)

    NEW NEW NEW! This house just needs a New Owner. Great for first time home buyers!!!! Classic 3 bedroom 1 bath home!! It is a Unique 1912's Bungalow Newer roof, newer siding, newly painted, hard refinish floors, fenced yard, Granite in the kitchen . . . I promise this house will impress you for the money. Close to Donelly college & Central Avenue, easy to take the highways 70 and 670..

20. 2020-10-08
    listed $120,000 Active 396-char remark

    Show marketing remark (396 chars)

    NEW NEW NEW! This house just needs a New Owner. Great for first time home buyers!!!! Classic 3 bedroom 1 bath home!! It is a Unique 1912's Bungalow Newer roof, newer siding, newly painted, hard refinish floors, fenced yard, Granite in the kitchen . . . I promise this house will impress you for the money. Close to Donelly college & Central Avenue, easy to take the highways 70 and 670..

21. 2010-09-10
    soldstatus
22. 1996-03-01
    soldstatus $20,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KS · Resets to sale price

• Current annual tax: $2,956 · $246/mo
• Projected year-2 tax: $2,956 · $246/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,282
• − Mortgage interest: −$9,243
• − Property taxes: −$2,956
• − Insurance: −$825
• − Repairs & maintenance: −$1,463
• − Management: −$1,463
• − Depreciation: −$4,800
• Taxable loss: −$2,466
• Est. tax savings @ 24.0%: +$592
• After-tax cash flow: $871/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Kansas City
• NCES district ID: 2007950
• Math proficiency: 8% ▼ -10.00%
• Reading proficiency: 15% ▼ -4.00%
• Median HH income: $34,774
• Composite: 9.38/100
• National rank: #9856
• State rank: #169 of 169 in KS

Livability — Kansas City

• Score: 72/100
• State rank: #103
• US rank: #6054

Category grades

Amenities A Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kansas City, KS
• County: Wyandotte County · 130,206 people
• City population: 130,206
• Metro: Kansas City, MO-KS
• Population (ZIP): 29,443
• Household income: $52,861
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 1253.0

Population outlook (Wyandotte County) Hauer SSP2

• Today (2025): 177,063 people
• By 2030: 183,212 · +3.5%
• By 2040: 195,697 · +10.5%
• By 2050: 207,897 · +17.4%
• By 2075: 236,169 · +33.4%
• By 2100: 255,790 · +44.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Hispanic / Latino 53% White 19% Black 17% Two or more races 15% Asian 6% Native American 1%
• Hispanic origin (detail): Mexican 43%
• Common ancestry: Italian 1% Romanian 0%
• Foreign-born: 28% · Canada, Philippines
• Languages at home: 52% English-only · Spanish 42% Other Asian/Pacific 5% Other Indo-European 1%

Political lean MEDSL · Wyandotte

• 2024 margin: Strong D (+23.9) · D 61.1% · R 37.3% · Other 1.6%
• 2008→2024 swing: -17.0pp toward R · 2008: 40.9pp · 2024: 23.9pp
• All cycles: 2024: D+23.9 2020: D+30.9 2016: D+29.1 2012: D+36.4 2008: D+40.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -36.64%
• Current HPI: 383.6185
• Rent YoY: ▲ 8.36%
• Metro: Kansas City, MO-KS
• State GDP YoY: —
• F500 in state: 0

Price history

+725.0% since first listed

8 events — show timeline

• 2026-05-17 Coming Soon $165,000 Heartland MLS as Distributed by MLS Grid
• 2020-11-20 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2020-11-18 Sold (Public Records) — Public Records
• 2020-10-23 Price Changed $110,000 Heartland MLS as Distributed by MLS Grid
• 2020-10-12 Pending — Heartland MLS as Distributed by MLS Grid
• 2020-10-08 Listed $120,000 Heartland MLS as Distributed by MLS Grid
• 2010-09-10 Sold (Public Records) — Public Records
• 1996-03-01 Sold (Public Records) $20,000 Public Records

Property tax history

+19.5%/yr

Latest (2025): $2,956 · +12.4% YoY. Source: county tax records.