119 E 20th St · Pittsburg, KS 66762

$127,800

3 bd · 1.0 ba · 1,112 sqft · SingleFamily public records · 18 Days on market

Built 1930 5,680 sqft lot Est $112k · 14% over

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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 +25.9/30.0
• DSCR +8.7/10.0
• 1% rule +5.9/10.0
• Rent growth +5.0/5.0
• Livability +3.3/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• ARV discount +1.3/15.0
• Appreciation +0.0/10.0

Key facts

• Off street parking
• Front porch
• Extra storage shed

Tags

• FRONT PORCH
• BACK PATIO
• EXTRA STORAGE SHED
• OFF STREET PARKING
• UPDATED QUALITY RENOVATION
• EAT IN KITCHEN

Property features AI

Finance

• HOA & community: No HOA fees

Exterior

• Parking: Covered parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; Bungalow style; One-story (all main rooms listed on the first floor)
• Construction: Lap siding; Composition roof; Home age estimated 76–100 years
• Exterior features: Lot roughly 40' x 142' (about 5,680 sq ft); Not in a flood plain

Interior

• Kitchen: Kitchen on the first floor with vinyl flooring
• Bedrooms: 3 bedrooms (all on the first floor)
• Flooring: Ceramic tile in bathroom; Vinyl flooring in kitchen
• Bathrooms: 1 full bathroom (first floor) with ceramic tile
• Heating & cooling: Forced air heating (natural gas); Electric cooling
• Interior features: Bungalow floor plan; Crawl space basement
• Laundry & utility: First-floor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $312 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).
• Recommended offer: $126k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 5.4% in Pittsburg — 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 66/100 on livability (#270 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A; Watch: schools D, crime F, amenities F.
• Pittsburg (town): math 29% / reading 31% proficiency, ranked #111 of 169 in KS (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+13.8%/yr); 142 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 65 units permitted in Crawford County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($51k/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 $884 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $36k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $30k; list at $128k implies a 326% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — 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 $125,883 (1.5% below list)

Questions for the listing agent

1. Built in 1930 — 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 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?
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. 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.
6. 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.
7. 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: 1.09% ✓
• Cap rate: 9.22%
• Cash-on-cash: 10.47%
• DSCR: 1.47
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $112,312
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
211 E 21st St	0.11mi	2/1.0 (-1)	1,104 (-1%)	4mo	$45,000	$41	85
1906 N Smelter St	0.32mi	3/1.0	1,120 (+1%)	1mo	$117,500	$105	83
205 W 18th St	0.26mi	3/1.0	1,080 (-3%)	1mo	$125,000	$116	82
101 E 22nd St	0.15mi	3/2.0	1,085 (-2%)	7mo	$68,000	$63	79
1811 N Michigan N/A	0.37mi	3/1.5	1,152 (+4%)	2mo	$139,900	$121	74
1814 N Joplin St	0.18mi	3/1.0	1,248 (+12%)	8mo	$125,500	$101	65
210 E 21st St	0.10mi	2/2.0 (-1)	1,237 (+11%)	5mo	$93,000	$75	63
1805 N Joplin N/A	0.17mi	3/1.0	1,268 (+14%)	10mo	$59,500	$47	60
611 E 21st St	0.44mi	3/1.0	984 (-12%)	11mo	$35,000	$36	51
605 E 27th St	0.59mi	3/1.5	1,268 (+14%)	6mo	$164,900	$130	42
510 E 9th St	0.74mi	2/2.0 (-1)	1,055 (-5%)	10mo	$130,000	$123	39
808 N Pine N/A	0.74mi	2/1.0 (-1)	1,237 (+11%)	12mo	$49,500	$40	32

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 4.5%
• Equity multiple: 1.18×
• Total profit: $6,495
• Equity at exit: $19,055

10-year hold

• IRR: 17.9%
• Equity multiple: 2.80×
• Total profit: $64,581
• Equity at exit: $11,050

Cash invested: $35,784 (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 66762

• Rents YoY: 13.8%
• Active inventory: 142
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,392 medium
• Mortgage (P&I): −$670
• Tax from tax record: −$64 /mo · $763/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $312

Break-even live

Break-even rent $996

Max offer price $127,800

Occupancy floor 73%

Sensitivity live

Price	-10% $385	-5% $348	+0% $312	+5% $276	+10% $240
Rent	-10% $202	-5% $257	+0% $312	+5% $367	+10% $422
Rate	-1.0pp $377	-0.5pp $345	base $312	+0.5pp $279	+1.0pp $245

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: $31,950
• Closing costs: $3,834
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
544 E 23rd St Pittsburg, KS	3.0	2.0	1190	$1,800	$1.51	45d	1	0.41mi
1019 E 15th St Pittsburg, KS	3.0	1.0	1222	$1,050	$0.86	45d	1	0.92mi
511 W 2nd St Pittsburg, KS	2.0	1.0	846	$850	$1.00	45d	1	1.28mi

Listing history 10 events

1. 2026-06-07
   statusdays on market $127,800 Pending 18 DOM
2. 2026-06-05
   days on market $127,800 Active 17 DOM
3. 2026-06-03
   days on market $127,800 Active 16 DOM
4. 2026-06-02
   days on market $127,800 Active 15 DOM
5. 2026-06-01
   days on market $127,800 Active 14 DOM
6. 2026-05-31
   days on market $127,800 Active 13 DOM
7. 2026-05-30
   days on market $127,800 Active 12 DOM
8. 2026-05-18
   listed $127,800 Active
9. 2012-02-28
   soldstatus
10. 1996-07-01
    soldstatus $30,000

ⓘ 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: $763 · $64/mo
• Projected year-2 tax: $1,802 · $150/mo
• Expected delta: +$1,039/yr (+$87/mo · 136.2%)

ⓘ 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 5/10 Major 7 d/yr ≥108°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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,698
• − Mortgage interest: −$7,159
• − Property taxes: −$763
• − Insurance: −$639
• − Repairs & maintenance: −$1,336
• − Management: −$1,336
• − Depreciation: −$3,718
• Taxable income: $1,748
• Est. tax owed @ 24.0%: −$419
• After-tax cash flow: $3,328/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: Pittsburg
• NCES district ID: 2010710
• Math proficiency: 29% ▼ -5.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $33,608
• Composite: 24.63/100
• National rank: #7629
• State rank: #111 of 169 in KS

Livability — Pittsburg

• Score: 66/100
• State rank: #270
• US rank: #12149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pittsburg, KS
• County: Crawford County · 24,907 people
• City population: 24,907
• Metro: Pittsburg, KS
• Population (ZIP): 24,907
• Household income: $50,511
• Rent vs Own: 46.7% rent · 53.3% own
• Severe rent burden: 1186.0

Population outlook (Crawford County) Hauer SSP2

• Today (2025): 39,393 people
• By 2030: 39,540 · +0.4%
• By 2040: 39,452 · +0.1%
• By 2050: 39,188 · -0.5%
• By 2075: 39,038 · -0.9%
• By 2100: 38,219 · -3.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 10% Two or more races 5% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Spanish 6% Other Asian/Pacific 1%

Political lean MEDSL · Crawford

• 2024 margin: Strong R (+25.3) · D 36.5% · R 61.7% · Other 1.8%
• 2008→2024 swing: -26.7pp toward R · 2008: 1.4pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+23.1 2016: R+23.1 2012: R+6.5 2008: D+1.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -171.14%
• Current HPI: 158.7878
• Rent YoY: ▲ 13.80%
• Metro: Pittsburg, KS
• State GDP YoY: —
• F500 in state: 0

Price history

+326.0% since first listed

3 events — show timeline

• 2026-05-18 Listed $127,800 Heartland MLS as Distributed by MLS Grid
• 2012-02-28 Sold (Public Records) — Public Records
• 1996-07-01 Sold (Public Records) $30,000 Public Records

Property tax history

+3.2%/yr

Latest (2025): $763 · +10.4% YoY. Source: county tax records.