115 West Ave · Sedgwick, CO 80749

$99,900

3 bd · 1.0 ba · 1,104 sqft · SingleFamily public records · 33 Days on market

Built 1918 0.27 ac lot

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Why this score? — see what drove the C 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 +19.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.2/10.0
• Schools +6.2/10.0
• 1% rule +5.2/10.0
• Appreciation +5.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

This charming 3-bed, 1-bath home sits on a large lot in rural northeast Colorado, offering peaceful small-town living with plenty of space to spread out. The property features a spacious 3-car detached garage plus an additional shed, perfect for vehicles, tools, and outdoor gear. Inside, the home offers a comfortable layout with room to personalize and make your own. Outdoor enthusiasts will love the area's access to excellent hunting and fishing, along with the nearby South Platte River for recreation and relaxation. With open skies, quiet surroundings, and a welcoming rural setting, this property is ideal for anyone seeking affordability, space, and the slower pace of country living.

Key facts

• Access to hunting
• Large lot
• Access to fishing

Tags

• LARGE LOT
• 3 CAR DETACHED GARAGE
• ADDITIONAL SHED
• ACCESS TO HUNTING
• ACCESS TO FISHING
• NEARBY SOUTH PLATTE RIVER

Property features AI

Finance

• HOA & community: No association fees

Exterior

• Parking: Detached 3-car garage; RV access/parking
• Utilities: City water (meter installed); Public sewer; Electricity available; Propane gas
• Home design: Single-family residence; One story; Residential zoning; Not new construction (previously owned)
• Construction: Frame construction; Composition roof; Above-grade finished area and additional below-grade finished area
• Exterior features: Sprinkler system; Oversized garage; Storage structure; Minimal flood or C rating

Interior

• Kitchen: Electric range; Dishwasher; Refrigerator
• Bedrooms: 3 bedrooms (all conforming)
• Bathrooms: 1 full bathroom
• Heating & cooling: Wall furnace heating; Wall/window air conditioning units
• Interior features: Window coverings; Partial unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $114 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 60/100 on livability (#237 in CO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
• Revere School District (rural): math 75% / reading 75% proficiency, ranked #1 of 86 in CO (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Revere Elementary (60 students, 48% FRL); Revere Junior-Senior High School (math 75% / reading 75%, grade A-, #9 of 381 statewide, top 3%, 53 students, 53% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: 1 active listings in the ZIP; 3 units permitted in Sedgwick County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $3k appreciation (3.0% local appreciation)).
• Sedgwick County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $42k; list at $100k implies a 135% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $96,903 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.02% ✓
• Cap rate: 7.66%
• Cash-on-cash: 4.87%
• DSCR: 1.22
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 12.1%
• Equity multiple: 1.69×
• Total profit: $19,283
• Equity at exit: $44,919

10-year hold

• IRR: 14.1%
• Equity multiple: 3.09×
• Total profit: $58,545
• Equity at exit: $69,226

Cash invested: $27,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80749

• Active inventory: 1
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,018 medium
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,498/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$214
• Net cashflow: $114

Break-even live

Break-even rent $874

Max offer price $99,900

Occupancy floor 84%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $99,900 Active 33 DOM
2. 2026-06-17
   days on market $99,900 Active 32 DOM
3. 2026-06-16
   days on market $99,900 Active 31 DOM
4. 2026-06-15
   days on market $99,900 Active 30 DOM
5. 2026-06-13
   days on market $99,900 Active 28 DOM
6. 2026-06-12
   days on market $99,900 Active 27 DOM
7. 2026-06-09
   days on market $99,900 Active 24 DOM
8. 2026-06-08
   days on market $99,900 Active 23 DOM
9. 2026-06-07
   days on market $99,900 Active 22 DOM
10. 2026-06-05
    days on market $99,900 Active 20 DOM
11. 2026-06-04
    days on market $99,900 Active 18 DOM
12. 2026-06-02
    days on market $99,900 Active 17 DOM
13. 2026-06-01
    days on market $99,900 Active 16 DOM
14. 2026-05-31
    days on market $99,900 Active 15 DOM
15. 2026-05-31
    days on market $99,900 Active 14 DOM
16. 2026-05-15
    listed $99,900 Active
17. 2008-04-14
    soldstatus $42,500
18. 2008-04-01
    soldstatus $42,500

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,212
• − Mortgage interest: −$5,596
• − Property taxes: −$1,498
• − Insurance: −$500
• − Repairs & maintenance: −$977
• − Management: −$977
• − Depreciation: −$2,906
• Taxable loss: −$242
• Est. tax savings @ 24.0%: +$58
• After-tax cash flow: $1,421/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: Revere School District
• NCES district ID: 0806000
• Math proficiency: 75% ▲ 25.00%
• Reading proficiency: 75% ▲ 75.00%
• Median HH income: $39,087
• Composite: 62.48/100
• National rank: #687
• State rank: #1 of 86 in CO

Livability — Sedgwick

• Score: 60/100
• State rank: #237
• US rank: #18568

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sedgwick, CO
• Population (ZIP): 257

Population outlook (Sedgwick County) Hauer SSP2

• Today (2025): 2,399 people
• By 2030: 2,405 · +0.3%
• By 2040: 2,459 · +2.5%
• By 2050: 2,602 · +8.5%
• By 2075: 3,101 · +29.3%
• By 2100: 3,488 · +45.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 47% Hispanic / Latino 40% Two or more races 27% Asian 3%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Slovak 4% Portuguese 3% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 92% English-only · Spanish 8%

Political lean MEDSL · Sedgwick

• 2024 margin: Solid R (+56.3) · D 20.8% · R 77.2% · Other 2.0%
• 2008→2024 swing: -27.5pp toward R · 2008: -28.8pp · 2024: -56.3pp
• All cycles: 2024: R+56.3 2020: R+56.7 2016: R+54.8 2012: R+34.5 2008: R+28.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+135.1% since first listed

3 events — show timeline

• 2026-05-15 Listed $99,900 IRES
• 2008-04-14 Sold (Public Records) $42,500 Public Records
• 2008-04-01 Sold (Public Records) $42,500 Public Records

Property tax history

-9.8%/yr

Latest (2024): $93 · -77.0% YoY. Source: county tax records.