1010 W 3rd St · Coffeyville, KS 67337

$74,900

2 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 51 Days on market

Built 1925 6,969 sqft lot Est $54k · 40% over ↓ 10% since listing

---

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 +27.6/30.0
• DSCR +9.7/10.0
• 1% rule +7.2/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is a very nice Bungalow style home with 2 bedrooms and 1 bathroom with living room, dining room and extra bonus room. The home has been remodeled and has new appliances. This property is for the first 25 days only available to owner occupied owners. All offers must be made through www. homepath.com

Key facts

• Covered front porch
• Central heat and air
• Fenced-in backyard

Tags

• DETACHED GARAGE
• COVERED FRONT PORCH
• FENCED-IN BACKYARD
• DOUBLE-PANE WINDOWS
• CENTRAL HEAT AND AIR

Property features AI

Finance

• Other: Lot size about 0.16 acres
• HOA & community: No association fees; Maintenance not provided

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; 1,092 above-grade living area
• Construction: Vinyl siding; Composition roof; Approximately 101+ years old
• Exterior features: Not in a flood plain; Inside city limits

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Electric cooling (has central cooling)
• Interior features: Crawl space basement; Bungalow floor plan

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $225 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($914 rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 4.4% in Coffeyville — 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 59/100 on livability (#459 in KS) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, crime F, amenities F.
• Coffeyville (town): math 12% / reading 23% proficiency, ranked #164 of 169 in KS (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 42 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 10 units permitted in Montgomery County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Montgomery County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $14k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,653 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 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 1925 — 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: 1.22% ✓
• Cap rate: 9.89%
• Cash-on-cash: 12.86%
• DSCR: 1.57
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $53,508
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1010 W 3rd St	0.00mi	2/1.0	1,092 (0%)	1mo	$74,900	$69	99
1104 W 4th St	0.08mi	3/1.0 (+1)	1,104 (+1%)	2mo	$55,000	$50	88
1309 W 4th St	0.30mi	2/1.0	1,081 (-1%)	3mo	$25,000	$23	82
1501 W 5th St	0.49mi	2/1.0	1,084 (-1%)	2mo	$69,500	$64	74
1217 W 5th St	0.26mi	2/1.0	1,036 (-5%)	6mo	$80,000	$77	74
1412 W 6th St	0.47mi	2/1.0	1,064 (-3%)	5mo	$52,000	$49	70
1006 W 6th St	0.22mi	2/1.0	960 (-12%)	4mo	$39,900	$42	66
1109 W 11th St	0.61mi	3/1.0 (+1)	1,146 (+5%)	3mo	$30,000	$26	56
1312 W 7th St	0.41mi	2/1.0	945 (-14%)	8mo	$20,000	$21	52
312 W New St	0.69mi	2/1.0	999 (-8%)	2mo	$17,000	$17	52
411 W New St	0.60mi	2/1.0	980 (-10%)	6mo	$20,000	$20	50
111 Northpark Blvd	0.55mi	3/1.0 (+1)	1,250 (+14%)	1mo	$135,000	$108	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 2.7%
• Equity multiple: 1.10×
• Total profit: $2,181
• Equity at exit: $11,168

10-year hold

• IRR: 12.3%
• Equity multiple: 1.97×
• Total profit: $20,338
• Equity at exit: $6,476

Cash invested: $20,972 (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 67337

• Home prices YoY: -23.3%
• Active inventory: 42
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $914 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$73 /mo · $876/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$192
• Net cashflow: $225

Break-even live

Break-even rent $629

Max offer price $74,900

Occupancy floor 70%

Sensitivity live

Price	-10% $267	-5% $246	+0% $225	+5% $204	+10% $182
Rent	-10% $153	-5% $189	+0% $225	+5% $261	+10% $297
Rate	-1.0pp $263	-0.5pp $244	base $225	+0.5pp $205	+1.0pp $186

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1503 W 5th St Coffeyville, KS	3.0	1.5	1252	$900	$0.72	22d	1	0.50mi
500 N Cline Rd Coffeyville, KS	2.0	1.0	700	$950	$1.36	24d	1	0.98mi

Listing history 9 events

1. 2026-05-06
   status Pending
2. 2026-04-29
   price $74,900
3. 2026-04-13
   price $78,500
4. 2026-04-03
   price $80,000
5. 2026-03-23
   price $85,000
6. 2026-03-15
   listed $89,000 Active
7. 2024-06-06
   soldstatus Closed 304-char remark

   Show marketing remark (304 chars)

   This is a very nice Bungalow style home with 2 bedrooms and 1 bathroom with living room, dining room and extra bonus room. The home has been remodeled and has new appliances. This property is for the first 25 days only available to owner occupied owners. All offers must be made through www. homepath.com

8. 2024-05-23
   historical 304-char remark

   Show marketing remark (304 chars)

   This is a very nice Bungalow style home with 2 bedrooms and 1 bathroom with living room, dining room and extra bonus room. The home has been remodeled and has new appliances. This property is for the first 25 days only available to owner occupied owners. All offers must be made through www. homepath.com

9. 2024-05-06
   listed $83,000 304-char remark

   Show marketing remark (304 chars)

   This is a very nice Bungalow style home with 2 bedrooms and 1 bathroom with living room, dining room and extra bonus room. The home has been remodeled and has new appliances. This property is for the first 25 days only available to owner occupied owners. All offers must be made through www. homepath.com

ⓘ 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: $876 · $73/mo
• Projected year-2 tax: $1,056 · $88/mo
• Expected delta: +$180/yr (+$15/mo · 20.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,964
• − Mortgage interest: −$4,196
• − Property taxes: −$876
• − Insurance: −$374
• − Repairs & maintenance: −$877
• − Management: −$877
• − Depreciation: −$2,179
• Taxable income: $1,585
• Est. tax owed @ 24.0%: −$380
• After-tax cash flow: $2,317/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: Coffeyville
• NCES district ID: 2004980
• Math proficiency: 12% ▼ -4.00%
• Reading proficiency: 23% ▼ -1.00%
• Median HH income: $37,170
• Composite: 14.57/100
• National rank: #9414
• State rank: #164 of 169 in KS

Livability — Coffeyville

• Score: 59/100
• State rank: #459
• US rank: #19703

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coffeyville, KS
• Population (ZIP): 10,944

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 29,729 people
• By 2030: 27,786 · -6.5%
• By 2040: 24,201 · -18.6%
• By 2050: 21,280 · -28.4%
• By 2075: 16,754 · -43.6%
• By 2100: 14,088 · -52.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Two or more races 14% Hispanic / Latino 14% Black 9% Native American 3%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Slovak 2% Iranian 2% Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 90% English-only · Spanish 8%

Political lean MEDSL · Montgomery

• 2024 margin: Solid R (+51.1) · D 23.6% · R 74.7% · Other 1.8%
• 2008→2024 swing: -15.3pp toward R · 2008: -35.8pp · 2024: -51.1pp
• All cycles: 2024: R+51.1 2020: R+50.2 2016: R+50.8 2012: R+41.4 2008: R+35.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.41%
• Current HPI: 103.4247
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-9.8% since first listed

9 events — show timeline

• 2026-05-06 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-04-29 Price Changed $74,900 Heartland MLS as Distributed by MLS Grid
• 2026-04-13 Price Changed $78,500 Heartland MLS as Distributed by MLS Grid
• 2026-04-03 Price Changed $80,000 Heartland MLS as Distributed by MLS Grid
• 2026-03-23 Price Changed $85,000 Heartland MLS as Distributed by MLS Grid
• 2026-03-15 Listed $89,000 Heartland MLS as Distributed by MLS Grid
• 2024-06-06 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2024-05-23 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2024-05-06 Listed $83,000 Heartland MLS as Distributed by MLS Grid

Property tax history

+1.5%/yr

Latest (2025): $876 · +2.2% YoY. Source: county tax records.