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6 N Ridge Way Rd
D Composite 44.4
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 +12.8/30.0
  • ARV discount +7.5/15.0
  • Appreciation +5.0/10.0
  • DSCR +3.8/10.0
  • Livability +3.8/5.0
  • 1% rule +3.7/10.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$219,000

6 N Ridge Way Rd · Rose Hill, KS 67133-9431
4 bd · 2.0 ba · 2,154 sqft · SingleFamily public records · 32 Days on market
Built 1979 10,018 sqft lot $102/sqft · 52% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Key facts

  • Bright living area
  • Finished basement
  • Cozy family room

Tags

BRIGHT LIVING AREAWELL-EQUIPPED KITCHENDINING SPACEDECKFINISHED BASEMENTCOZY FAMILY ROOM

Property features AI

Exterior

  • Parking: 2-car garage
  • Utilities: Public sewer available; Natural gas available; Public utilities
  • Home design: Bi-level home; Single-family onsite-built property
  • Construction: Composition roof; Full foundation
  • Exterior features: Deck; Wood fencing; View from foundation

Interior

  • Kitchen: Dishwasher; Disposal; Refrigerator; Range
  • Flooring: Hardwood floors
  • Bathrooms: 2 full bathrooms; 1 half bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric)
  • Interior features: Finished basement; Fireplace in family room with glass doors
  • Laundry & utility: Laundry in basement in a separate room; 220V outlet in laundry/utility area

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $219k.

Deal economics

  • At list price, monthly cash flow is $-20 ($-235/yr) — negative.
  • To cash-flow at today's rent, offer at most $216k (1.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (13.2% below list).
  • Recommended offer: $190k (13.2% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 76/100 on livability (#48 in KS, #3,368 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
  • Rose Hill Public Schools (rural): math 26% / reading 33% proficiency, ranked #84 of 169 in KS (top 50%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Rose Hill Primary (457 students, 36% FRL); Rose Hill Middle (math 19% / reading 29%, grade F, #121 of 219 statewide, top 56%, 378 students, 38% FRL); Rose Hill High (math 8% / reading 17%, grade F, #278 of 327 statewide, top 86%, 567 students, 27% FRL).
  • Market conditions: 1 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 235 units permitted in Butler County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $8k of equity ($2k loan paydown + $7k appreciation (3.0% local appreciation)).
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $61k cash investment doubles in ~7 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 32 days — a 3% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $190,000 (13.2% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.87%
Cap rate
6.19%
Cash-on-cash
-0.38%
DSCR
0.98
GRM
9.6

CMA / ARV

ARV (median comp)
$491,268
List price
$219,000
Delta
-55.42%
Verdict
UNDERPRICED
Comps
2 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
7.2%
Equity multiple
1.41×
Total profit
$25,169
Equity at exit
$98,472
10-year hold
IRR
9.9%
Equity multiple
2.49×
Total profit
$91,425
Equity at exit
$151,757

Cash invested: $61,320 (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.

ZIP-level market 67133-9431

Active inventory
1
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$1,900 medium interval (Pro) →
Mortgage (P&I)
$1,148
Tax from tax record
$281 /mo · $3,370/yr
Insurance
$91
HOA
$0
Vacancy / Maint / Mgmt
$399
Net cashflow
$-20

Break-even live

Break-even rent $1,925
Max offer price $215,544
Occupancy floor 96%

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
$54,750
Closing costs
$6,570
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1110 N Morris St Rose Hill, KS 5.0 2.0 2335 $1,900 $0.81 23d 1 0.65mi

Listing history 11 events

  1. 2026-06-07
    statusdays on market $219,000 Pending 32 DOM
  2. 2026-06-03
    days on market $219,000 Active 30 DOM
  3. 2026-06-02
    days on market $219,000 Active 29 DOM
  4. 2026-06-01
    days on market $219,000 Active 28 DOM
  5. 2026-05-31
    days on market $219,000 Active 27 DOM
  6. 2026-05-30
    days on market $219,000 Active 26 DOM
  7. 2026-05-04
    listed $226,000 Active 1045-char remark
  8. 2019-11-22
    soldstatus
  9. 2019-09-23
    listed $140,000
  10. 2017-11-21
    soldstatus
  11. 2003-11-12
    soldstatus

ⓘ 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
$3,370 · $281/mo
Projected year-2 tax
$3,370 · $281/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 7/10 Severe
  • 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,800
− Mortgage interest
−$12,267
− Property taxes
−$3,370
− Insurance
−$1,095
− Repairs & maintenance
−$1,824
− Management
−$1,824
− Depreciation
−$6,371
Taxable loss
−$3,952
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$948
After-tax cash flow
$714/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
Rose Hill Public Schools
NCES district ID
2011250
Math proficiency
26% ▼ -7.00%
Reading proficiency
33% ▼ -2.00%
Median HH income
$72,177
Composite
27.88/100
National rank
#6872
State rank
#84 of 169 in KS

Livability — Rose Hill

Score
76/100
State rank
#48
US rank
#3368

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rose Hill, KS

Population outlook (Butler County) Hauer SSP2

Today (2025)
69,002 people
By 2030
69,822 · +1.2%
By 2040
70,461 · +2.1%
By 2050
69,940 · +1.4%
By 2075
68,666 · -0.5%
By 2100
63,071 · -8.6%

Not yet ingested

Political lean
Race & ethnicity
Common origin
Civics

Market trends

HPI YoY
Current HPI
Rent YoY
Metro
State GDP YoY
F500 in state
0

Price history

+56.4% since first listed
7 events — show timeline
  • 2026-06-05 Pending SCKMLS as Distributed by MLS Grid
  • 2026-05-27 Price Changed $219,000 SCKMLS as Distributed by MLS Grid
  • 2026-05-04 Listed $226,000 SCKMLS as Distributed by MLS Grid
  • 2019-11-22 Sold (Public Records) Public Records
  • 2019-09-23 Listed $140,000 SCKMLS as Distributed by MLS Grid
  • 2017-11-21 Sold (Public Records) Public Records
  • 2003-11-12 Sold (Public Records) Public Records

Property tax history

+2.9%/yr

Latest (2025): $3,370 · +3.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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