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310 N Wieland Ave
F Composite 33.01
Why this score? — see what drove the F 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).

  • Appreciation +7.8/10.0
  • ARV discount +7.5/15.0
  • Cash flow +5.1/30.0
  • Livability +3.6/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.4/10.0
  • DSCR +0.0/10.0

$144,900

310 N Wieland Ave · Ellinwood, KS 67526
2 bd · 1.5 ba · 1,012 sqft · SingleFamily public records · 10 Days on market
Built 1951 10,500 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this charming bungalow nestled on a spacious corner lot with a privacy fence. This delightful home features three bedrooms, one of which is non~conforming, and beautiful hardwood floors throughout. Enjoy the benefits of upgraded windows and a working fireplace in the living area. The updated bathroom boasts modern fixtures. An extra~large utility room includes a convenient 1 \ 4 bath in the finished basement which also offers a cozy family room and a large non~conforming bedroom with four double closets. Additionally, there is a storage room equipped with a workbench and shelving units. A detached double car garage provides ample parking and storage space. The property also includes a sprinkler system and a well for easy lawn maintenance. Don't miss out on this perfect blend of classic charm and modern upgrades. Schedule your tour today and start Loving Where You Live!!!

Key facts

  • Quartz countertops
  • Updated ranch home
  • Privacy fencing

Tags

UPDATED RANCH HOMESPACIOUS CORNER LOTPRIVACY FENCINGHARDWOOD FLOORSQUARTZ COUNTERTOPSREFRESHED KITCHEN LIGHTING

Property features AI

Finance

  • Other: Lot approximately 0.24 acres (75' x 140'); Zoning: NC.2 / R-2

Exterior

  • Parking: 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Residential property
  • Construction: Composition roof
  • Exterior features: Patio; Fenced yard

Interior

  • Kitchen: Dishwasher; Range / Oven; Microwave; Refrigerator; Water softener
  • Bedrooms: 2 main-level bedrooms
  • Heating & cooling: Central heating (natural gas); Central air conditioning
  • Interior features: Window coverings; Full basement
  • Laundry & utility: Washer; Dryer

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 2-bed/1.5-bath single-family listed at $145k.

Deal economics

  • At list price, monthly cash flow is $-335 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $86k (40.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $92k (36.3% below list).
  • Recommended offer: $86k (40.9% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 71/100 on livability (#135 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools D-, amenities F.
  • Ellinwood Public Schools (rural): math 30% / reading 31% proficiency, ranked #93 of 169 in KS (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 16 active listings in the ZIP; 19 units permitted in Barton County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $9k of equity ($1k loan paydown + $8k appreciation (5.7% local appreciation)).
  • Barton County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • By year 4, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 11y 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.
  • Current owner paid $48k; list at $145k implies a 205% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $85,670 (40.9% 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. Built in 1951 — 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 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?
  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
0.64%
Cap rate
3.52%
Cash-on-cash
-9.92%
DSCR
0.56
GRM
13.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.68% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
6.5%
Equity multiple
1.44×
Total profit
$17,765
Equity at exit
$88,145
10-year hold
IRR
8.6%
Equity multiple
2.72×
Total profit
$69,866
Equity at exit
$157,365

Cash invested: $40,572 (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 67526

Home prices YoY
3.3%
Active inventory
16
Price-to-rent
13.1×

Monthly cashflow live

Estimated rent
$922 medium interval (Pro) →
Mortgage (P&I)
$760
Tax from tax record
$244 /mo · $2,925/yr
Insurance
$60
HOA
$0
Vacancy / Maint / Mgmt
$194
Net cashflow
$-335

Break-even live

Break-even rent $1,347
Max offer price $85,670
Occupancy floor

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
$36,225
Closing costs
$4,347
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.

Listing history 15 events

  1. 2026-06-09
    status $144,900 Pending 10 DOM
  2. 2026-06-05
    days on market $144,900 Active 10 DOM
  3. 2026-06-04
    days on market $144,900 Active 8 DOM
  4. 2026-06-02
    days on market $144,900 Active 7 DOM
  5. 2026-06-01
    days on market $144,900 Active 6 DOM
  6. 2026-05-31
    days on market $144,900 Active 5 DOM
  7. 2026-05-31
    days on market $144,900 Active 4 DOM
  8. 2026-05-26
    listed $144,900 Active
  9. 2025-10-28
    price $140,000
  10. 2025-10-06
    price $146,000
  11. 2024-08-16
    soldstatus Closed 894-char remark
    Show marketing remark (894 chars)

    Welcome to this charming bungalow nestled on a spacious corner lot with a privacy fence. This delightful home features three bedrooms, one of which is non~conforming, and beautiful hardwood floors throughout. Enjoy the benefits of upgraded windows and a working fireplace in the living area. The updated bathroom boasts modern fixtures. An extra~large utility room includes a convenient 1 \ 4 bath in the finished basement which also offers a cozy family room and a large non~conforming bedroom with four double closets. Additionally, there is a storage room equipped with a workbench and shelving units. A detached double car garage provides ample parking and storage space. The property also includes a sprinkler system and a well for easy lawn maintenance. Don't miss out on this perfect blend of classic charm and modern upgrades. Schedule your tour today and start Loving Where You Live!!!

  12. 2024-07-19
    status Pending 894-char remark
    Show marketing remark (894 chars)

    Welcome to this charming bungalow nestled on a spacious corner lot with a privacy fence. This delightful home features three bedrooms, one of which is non~conforming, and beautiful hardwood floors throughout. Enjoy the benefits of upgraded windows and a working fireplace in the living area. The updated bathroom boasts modern fixtures. An extra~large utility room includes a convenient 1 \ 4 bath in the finished basement which also offers a cozy family room and a large non~conforming bedroom with four double closets. Additionally, there is a storage room equipped with a workbench and shelving units. A detached double car garage provides ample parking and storage space. The property also includes a sprinkler system and a well for easy lawn maintenance. Don't miss out on this perfect blend of classic charm and modern upgrades. Schedule your tour today and start Loving Where You Live!!!

  13. 2024-07-17
    listed $136,000 Active 894-char remark
    Show marketing remark (894 chars)

    Welcome to this charming bungalow nestled on a spacious corner lot with a privacy fence. This delightful home features three bedrooms, one of which is non~conforming, and beautiful hardwood floors throughout. Enjoy the benefits of upgraded windows and a working fireplace in the living area. The updated bathroom boasts modern fixtures. An extra~large utility room includes a convenient 1 \ 4 bath in the finished basement which also offers a cozy family room and a large non~conforming bedroom with four double closets. Additionally, there is a storage room equipped with a workbench and shelving units. A detached double car garage provides ample parking and storage space. The property also includes a sprinkler system and a well for easy lawn maintenance. Don't miss out on this perfect blend of classic charm and modern upgrades. Schedule your tour today and start Loving Where You Live!!!

  14. 2015-04-07
    listed $42,900
  15. 2007-01-01
    soldstatus $47,500

ⓘ 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
$2,925 · $244/mo
Projected year-2 tax
$2,925 · $244/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$11,069
− Mortgage interest
−$8,117
− Property taxes
−$2,925
− Insurance
−$724
− Repairs & maintenance
−$886
− Management
−$886
− Depreciation
−$4,215
Taxable loss
−$6,683
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,604
After-tax cash flow
$-2,419/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
Ellinwood Public Schools
NCES district ID
2005820
Math proficiency
30% ▲ 2.00%
Reading proficiency
31% ▬ 0.00%
Median HH income
$50,311
Composite
26.65/100
National rank
#7168
State rank
#93 of 169 in KS

Livability — Ellinwood

Score
71/100
State rank
#135
US rank
#6766

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Ellinwood, KS
Population (ZIP)
2,569

Population outlook (Barton County) Hauer SSP2

Today (2025)
26,088 people
By 2030
25,418 · -2.6%
By 2040
24,010 · -8.0%
By 2050
22,719 · -12.9%
By 2075
20,690 · -20.7%
By 2100
18,869 · -27.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (93%)
Race & ethnicity
White 93% Two or more races 5% Hispanic / Latino 5%
Common ancestry
German 3% Lithuanian 2% Scotch-Irish 1%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 2%

Political lean MEDSL · Barton

2024 margin
Solid R (+56.8) · D 20.9% · R 77.6% · Other 1.5%
2008→2024 swing
-13.4pp toward R · 2008: -43.3pp · 2024: -56.8pp
All cycles
2024: R+56.8 2020: R+56.4 2016: R+58.9 2012: R+53.6 2008: R+43.3

Not yet ingested

Civics

Market trends

HPI YoY
▲ 5.68%
Current HPI
179.2904
Rent YoY
Metro
State GDP YoY
F500 in state
0

Price history

+205.1% since first listed
8 events — show timeline
  • 2026-05-26 Listed $144,900 Hays MLS
  • 2025-10-28 Price Changed $140,000 Hays MLS
  • 2025-10-06 Price Changed $146,000 Hays MLS
  • 2024-08-16 Sold (MLS) Hays MLS
  • 2024-07-19 Pending Hays MLS
  • 2024-07-17 Listed $136,000 Hays MLS
  • 2015-04-07 Listed $42,900 SCKMLS as Distributed by MLS Grid
  • 2007-01-01 Sold (Public Records) $47,500 Public Records

Property tax history

+7.9%/yr

Latest (2025): $2,925 · +83.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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