1704 N Elm St · Pittsburg, KS 66762

$99,900

3 bd · 1.0 ba · 924 sqft · SingleFamily public records · 20 Days on market

Built 1920 8,500 sqft lot Est $93k · 7% 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 +24.7/30.0
• DSCR +8.0/10.0
• 1% rule +5.7/10.0
• Rent growth +5.0/5.0
• ARV discount +4.3/15.0
• Livability +3.3/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Key facts

• Central heat and air
• Front porch
• Insulated windows

Tags

• VINYL SIDING
• FRONT PORCH
• CENTRAL HEAT AND AIR
• INSULATED WINDOWS
• FENCED BACKYARD
• STORAGE SHED

Property features AI

Finance

• Other: Living area reported as 924 (above grade); Age: 101 years or more
• HOA & community: No association fees

Exterior

• Parking: Other parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence (Residential); Bungalow style; Faces west; One story (main level living)
• Construction: Vinyl siding; Composition roof
• Exterior features: Lot approximately 50 x 170 (8,500 sq ft); Not in a flood plain; Directions: From 20th and Broadway go East to Elm and then turn South. Home will be 3 blocks down on the East side.

Interior

• Kitchen: Electric range; Dishwasher
• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Carpet in some rooms; Ceramic tile in bathroom; Vinyl in utility room
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Natural gas heating; Electric cooling (has cooling)
• Interior features: Bungalow floor plan; Basement: Other
• Laundry & utility: Utility room on main level with vinyl flooring

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 $208 ($2k/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: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% 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); 139 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 65 units permitted in Crawford County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $28k; list at $100k implies a 257% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $98,401 (1.5% below list)

Questions for the listing agent

1. Built in 1920 — 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: 1.07% ✓
• Cap rate: 8.79%
• Cash-on-cash: 8.93%
• DSCR: 1.40
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $93,324
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1503 N Joplin St	0.15mi	2/1.0 (-1)	912 (-1%)	8mo	$93,000	$102	79
210 W 18th St	0.30mi	2/1.0 (-1)	924 (0%)	10mo	$93,000	$101	73
401 E 22 St	0.32mi	2/1.0 (-1)	888 (-4%)	7mo	$72,500	$82	68
211 E 22nd St	0.31mi	2/1.0 (-1)	896 (-3%)	13mo	$105,000	$117	65
611 E 21st St	0.42mi	3/1.0	984 (+6%)	11mo	$35,000	$36	60
109 W 22nd St	0.38mi	2/1.0 (-1)	816 (-12%)	0mo	$50,000	$61	57
612 E 10th N/A	0.52mi	3/1.0	868 (-6%)	12mo	$59,900	$69	56
124 W 10th St	0.49mi	2/1.0 (-1)	844 (-9%)	4mo	$78,500	$93	55
102 W 21st St	0.33mi	2/1.0 (-1)	800 (-13%)	11mo	$89,000	$111	48
902 E 10th St	0.75mi	2/1.5 (-1)	914 (-1%)	14mo	$115,000	$126	45
509 E 24th St	0.50mi	2/1.0 (-1)	812 (-12%)	14mo	$50,000	$62	40
510 E 9th St	0.55mi	2/2.0 (-1)	1,055 (+14%)	10mo	$130,000	$123	33

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: 2.4%
• Equity multiple: 1.10×
• Total profit: $2,712
• Equity at exit: $14,895

10-year hold

• IRR: 16.1%
• Equity multiple: 2.61×
• Total profit: $45,120
• Equity at exit: $8,638

Cash invested: $27,972 (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 66762

• Rents YoY: 13.8%
• Active inventory: 139
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,071 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$72 /mo · $866/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$225
• Net cashflow: $208

Break-even live

Break-even rent $807

Max offer price $99,900

Occupancy floor 76%

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: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
511 W 2nd St Pittsburg, KS	2.0	1.0	846	$850	$1.00	43d	1	1.12mi

Listing history 21 events

1. 2026-06-17
   status $99,900 Pending 20 DOM
2. 2026-06-17
   days on market $99,900 Active 20 DOM
3. 2026-06-16
   days on market $99,900 Active 19 DOM
4. 2026-06-15
   days on market $99,900 Active 18 DOM
5. 2026-06-14
   days on market $99,900 Active 16 DOM
6. 2026-06-13
   days on market $99,900 Active 15 DOM
7. 2026-06-10
   days on market $99,900 Active 13 DOM
8. 2026-06-09
   days on market $99,900 Active 12 DOM
9. 2026-06-08
   days on market $99,900 Active 11 DOM
10. 2026-06-07
    days on market $99,900 Active 10 DOM
11. 2026-06-05
    days on market $99,900 Active 7 DOM
12. 2026-06-03
    days on market $99,900 Active 6 DOM
13. 2026-06-02
    days on market $99,900 Active 5 DOM
14. 2026-06-01
    days on market $99,900 Active 4 DOM
15. 2026-05-31
    days on market $99,900 Active 3 DOM
16. 2026-05-30
    days on market $99,900 Active 2 DOM
17. 2026-05-28
    listed $99,900 Active
18. 2022-03-18
    soldstatus
19. 1999-04-01
    soldstatus $28,000
20. 1993-09-01
    soldstatus $20,000
21. 1986-04-01
    soldstatus

ⓘ 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: $866 · $72/mo
• Projected year-2 tax: $1,409 · $117/mo
• Expected delta: +$543/yr (+$45/mo · 62.7%)

ⓘ 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 3/10 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: $12,848
• − Mortgage interest: −$5,596
• − Property taxes: −$866
• − Insurance: −$500
• − Repairs & maintenance: −$1,028
• − Management: −$1,028
• − Depreciation: −$2,906
• Taxable income: $925
• Est. tax owed @ 24.0%: −$222
• After-tax cash flow: $2,276/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

+399.5% since first listed

5 events — show timeline

• 2026-05-28 Listed $99,900 Heartland MLS as Distributed by MLS Grid
• 2022-03-18 Sold (Public Records) — Public Records
• 1999-04-01 Sold (Public Records) $28,000 Public Records
• 1993-09-01 Sold (Public Records) $20,000 Public Records
• 1986-04-01 Sold (Public Records) — Public Records

Property tax history

+2.4%/yr

Latest (2025): $866 · +6.5% YoY. Source: county tax records.