707 S Little St · Fort Scott, KS 66701

$95,000

4 bd · 2.0 ba · 1,869 sqft · SingleFamily public records · 10 Days on market

Built 1930 0.41 ac lot Est $151k · 37% under

---

Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

Key facts

• 0.41 acre lot
• Garage
• Pool

Property features AI

Finance

• Other: Above-grade finished area reported at 1,869 (assessor); Above- and below-grade finished area source: Assessor; Not in a flood plain; Home warranty through Choice Home; Age estimated at 76–100 years

Exterior

• Parking: Attached garage (1 car)
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Single family residence; Ranch floor plan
• Construction: Frame construction; Composition roof; Crawl space and partial basement
• Exterior features: Deck; Covered patio; Shed(s); Metal, privacy, and wood fencing; Located inside city limits; Corner lot

Interior

• Kitchen: Dishwasher; Disposal; Refrigerator; Gas range
• Bedrooms: 4 bedrooms (three on the main level, one on the second level; second-level bedroom has carpet)
• Flooring: Vinyl; Carpet (in one bedroom)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Natural gas heating; Electric cooling
• Interior features: Ceiling fans; Painted cabinets; Pantry; Walk-in closets; Eat-in kitchen
• Laundry & utility: Laundry room located off the kitchen

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $382 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Cap rate 11.1% vs local median 4.9% in Fort Scott — 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 (#259 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: schools D, amenities F, commute F.
• Fort Scott (town): math 19% / reading 28% proficiency, ranked #150 of 169 in KS (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 70 active listings in the ZIP; 5 units permitted in Bourbon County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Bourbon County population projected at -21% 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 $27k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y ago; this cycle's ask has dropped $40k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $21k; list at $95k implies a 352% 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: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,000

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. 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.
5. 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.
6. 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: 1.39% ✓
• Cap rate: 11.12%
• Cash-on-cash: 17.25%
• DSCR: 1.77
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $151,389
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
124 S Margrave St	0.42mi	4/2.0	1,776 (-5%)	1mo	$140,000	$79	71
223 S Hill St	0.37mi	4/2.0	1,963 (+5%)	5mo	$160,000	$82	70
101 S Andrick St	0.45mi	5/3.0 (+1)	1,768 (-5%)	1mo	$95,000	$54	60
736 S Wilson St	0.29mi	5/2.0 (+1)	2,034 (+9%)	14mo	$165,000	$81	55
301 S Arthur St	0.36mi	4/2.0	2,043 (+9%)	17mo	$320,000	$157	54
710 S Main St	0.59mi	4/1.0	1,750 (-6%)	6mo	$42,000	$24	52
1014 S Main St	0.70mi	4/2.0	1,763 (-6%)	8mo	$130,000	$74	51
1114 S Main St	0.74mi	5/2.0 (+1)	1,865 (-0%)	16mo	$150,000	$80	47
751 S Wilson St	0.27mi	3/1.0 (-1)	1,698 (-9%)	20mo	$89,500	$53	46
739 S National Ave	0.62mi	4/3.0	1,992 (+7%)	13mo	$240,000	$120	45
1018 S Margrave St	0.45mi	3/1.5 (-1)	1,658 (-11%)	18mo	$170,000	$103	39
1123 S Main St	0.73mi	3/2.0 (-1)	1,688 (-10%)	20mo	$145,000	$86	28

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: 8.6%
• Equity multiple: 1.34×
• Total profit: $8,980
• Equity at exit: $14,165

10-year hold

• IRR: 17.8%
• Equity multiple: 2.48×
• Total profit: $39,264
• Equity at exit: $8,214

Cash invested: $26,600 (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 66701

• Home prices YoY: -10.4%
• Active inventory: 70
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,318 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$121 /mo · $1,453/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $382

Break-even live

Break-even rent $834

Max offer price $95,000

Occupancy floor 66%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-04
   statusdays on market $95,000 Pending 10 DOM
2. 2026-06-02
   days on market $95,000 Active 9 DOM
3. 2026-06-01
   days on market $95,000 Active 8 DOM
4. 2026-05-31
   days on market $95,000 Active 7 DOM
5. 2026-05-31
   days on market $95,000 Active 6 DOM
6. 2026-05-08
   historical $95,000
7. 2022-12-30
   soldstatus Closed 1054-char remark

   Show marketing remark (1054 chars)

   Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

8. 2022-12-30
   soldstatus

   Show marketing remark (1054 chars)

   Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

9. 2022-11-25
   status Pending 1054-char remark

   Show marketing remark (1054 chars)

   Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

10. 2022-10-22
    historical Active Under Contract 1054-char remark

    Show marketing remark (1054 chars)

    Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

11. 2022-10-06
    price $129,900 1054-char remark

    Show marketing remark (1054 chars)

    Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

12. 2022-09-26
    listed $134,900 Active 1054-char remark

    Show marketing remark (1054 chars)

    Sitting on an oversized corner lot, this adorable house is bursting with curb appeal. All of the rooms are generously sized throughout, and with 3 bedrooms, plus a bonus room, there is plenty of space and functionality. The spacious eat-in kitchen is the heart of the home, offering cabinets galore, new countertops, a large pantry, and the perfect farmhouse vibe. Waterproof luxury vinyl flooring was recently installed, running through the kitchen, in addition to the living room, and hallways. The main-floor master bedroom accommodates a king furniture set with ease, and has a 7'x10' walk-in closet to fit even the most expansive wardrobes. Once outside, you will find the huge fenced in yard, and a wooden deck built around a top-of-the-line 27' above ground pool. In addition to the attached one-car garage, there is also a nice detached 10'x20' metal shop with electric and concrete floor. Conveniently located very close to two schools and a grocery store. This one is cute as a button, with so much to offer - inside and out. .. don't miss it!

13. 2014-05-30
    soldstatus
14. 2014-05-23
    soldstatus 134-char remark

    Show marketing remark (134 chars)

    Updated home on a very large corner lot, jetted tub, new roof and laminated floor. Mostly new interior paint. 15.6x7.8 walk-in closet.

15. 2014-04-09
    listed $56,700 134-char remark

    Show marketing remark (134 chars)

    Updated home on a very large corner lot, jetted tub, new roof and laminated floor. Mostly new interior paint. 15.6x7.8 walk-in closet.

16. 2006-04-20
    soldstatus
17. 2006-04-01
    soldstatus $21,000
18. 2006-03-06
    listed $26,500

ⓘ 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: $1,453 · $121/mo
• Projected year-2 tax: $1,453 · $121/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 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥109°F today · 19 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,816
• − Mortgage interest: −$5,321
• − Property taxes: −$1,453
• − Insurance: −$475
• − Repairs & maintenance: −$1,265
• − Management: −$1,265
• − Depreciation: −$2,764
• Taxable income: $3,272
• Est. tax owed @ 24.0%: −$785
• After-tax cash flow: $3,803/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: Fort Scott
• NCES district ID: 2006180
• Math proficiency: 19% ▼ -3.00%
• Reading proficiency: 28% ▬ 0.00%
• Median HH income: $38,034
• Composite: 19.64/100
• National rank: #8741
• State rank: #150 of 169 in KS

Livability — Fort Scott

• Score: 66/100
• State rank: #259
• US rank: #11422

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Scott, KS
• Population (ZIP): 11,075

Population outlook (Bourbon County) Hauer SSP2

• Today (2025): 13,761 people
• By 2030: 13,139 · -4.5%
• By 2040: 11,920 · -13.4%
• By 2050: 10,892 · -20.8%
• By 2075: 8,645 · -37.2%
• By 2100: 6,751 · -50.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 5% Hispanic / Latino 3% Black 2%
• Common ancestry: Lithuanian 2% Serbian 2% Slovak 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 1% Other Asian/Pacific 1% German/W. Germanic 1%

Political lean MEDSL · Bourbon

• 2024 margin: Solid R (+54.2) · D 22.0% · R 76.1% · Other 1.9%
• 2008→2024 swing: -26.9pp toward R · 2008: -27.2pp · 2024: -54.2pp
• All cycles: 2024: R+54.2 2020: R+52.0 2016: R+50.8 2012: R+33.9 2008: R+27.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -20.03%
• Current HPI: 172.2531
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+258.5% since first listed

13 events — show timeline

• 2026-05-08 Coming Soon $95,000 Heartland MLS as Distributed by MLS Grid
• 2022-12-30 Sold (Public Records) — Public Records
• 2022-12-30 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2022-11-25 Pending — Heartland MLS as Distributed by MLS Grid
• 2022-10-22 Contingent — Heartland MLS as Distributed by MLS Grid
• 2022-10-06 Price Changed $129,900 Heartland MLS as Distributed by MLS Grid
• 2022-09-26 Listed $134,900 Heartland MLS as Distributed by MLS Grid
• 2014-05-30 Sold (Public Records) — Public Records
• 2014-05-23 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2014-04-09 Listed $56,700 Heartland MLS as Distributed by MLS Grid
• 2006-04-20 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2006-04-01 Sold (Public Records) $21,000 Public Records
• 2006-03-06 Listed $26,500 Heartland MLS as Distributed by MLS Grid

Property tax history

+4.7%/yr

Latest (2025): $1,453 · +2.0% YoY. Source: county tax records.