511 Maple · Fowler, KS 67844

$80,000

2 bd · 1.5 ba · 1,000 sqft · SingleFamily public records · 6 Days on market

Built 1950 8,640 sqft lot

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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 +20.2/30.0
• ARV discount +7.5/15.0
• DSCR +6.4/10.0
• 1% rule +6.1/10.0
• Appreciation +4.1/10.0
• Livability +3.1/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Key facts

• Insulated garage
• Large family room
• Natural light

Tags

• HARDWOOD FLOORS
• NATURAL LIGHT
• FINISHED BASEMENT
• LARGE FAMILY ROOM
• BONUS ROOM
• INSULATED GARAGE

Property features AI

Exterior

• Parking: Attached garage with 2 covered spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residential home; One level
• Construction: Frame and Masonite construction; Composition roof; Concrete perimeter foundation; Above-grade finished area and below-grade finished area each listed as 1,000
• Exterior features: Rain gutters; No fencing listed; Lot approximately 8,640 sq ft (0.198 acres)

Interior

• Kitchen: Gas oven; Exhaust fan; Refrigerator; Gas water heater
• Flooring: Carpet; Concrete; Hardwood; Laminate; Linoleum
• Bathrooms: Two full bathrooms
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans; Electric cooling
• Interior features: Screens, storm windows, wood window frames and window treatments; Humidifier; No fireplace
• Laundry & utility: Laundry in basement; Full concrete basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $100 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($890 rent vs $80k).

Location & tenants

• Location reads 62/100 on livability (#369 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B; Watch: crime F, amenities F, commute F.
• Fowler (rural): math 30% / reading 25% proficiency, ranked #194 of 280 in KS (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Fowler Elem (math 50% / reading 30%, grade F, #315 of 684 statewide, top 47%, 40 students, 65% FRL); Fowler High (math 24% / reading 15%, grade F, #198 of 327 statewide, top 66%, 30 students, 50% FRL).
• Market conditions: 9 active listings in the ZIP; 5 units permitted in Meade County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.8%/yr); year-one equity from $553 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Meade County population projected at -35% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y 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.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $80,000

Questions for the listing agent

1. Built in 1950 — 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: 1.11% ✓
• Cap rate: 7.80%
• Cash-on-cash: 5.38%
• DSCR: 1.24
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.89×
• Total profit: $-2,570
• Equity at exit: $16,133

10-year hold

• IRR: 5.0%
• Equity multiple: 1.43×
• Total profit: $9,732
• Equity at exit: $14,360

Cash invested: $22,400 (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 67844

• Home prices YoY: -1.1%
• Active inventory: 9
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $890 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$150 /mo · $1,795/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$187
• Net cashflow: $100

Break-even live

Break-even rent $763

Max offer price $80,000

Occupancy floor 84%

Sensitivity live

Price	-10% $146	-5% $123	+0% $100	+5% $78	+10% $55
Rent	-10% $30	-5% $65	+0% $100	+5% $136	+10% $171
Rate	-1.0pp $141	-0.5pp $121	base $100	+0.5pp $80	+1.0pp $59

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-05-12
   status Pending
2. 2026-05-04
   listed $80,000 Active
3. 2024-10-11
   soldstatus
4. 2024-07-29
   listed $77,500
5. 1989-10-01
   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: $1,795 · $150/mo
• Projected year-2 tax: $1,795 · $150/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 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,677
• − Mortgage interest: −$4,481
• − Property taxes: −$1,795
• − Insurance: −$400
• − Repairs & maintenance: −$854
• − Management: −$854
• − Depreciation: −$2,327
• Taxable loss: −$35
• Est. tax savings @ 24.0%: +$8
• After-tax cash flow: $1,214/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: Fowler
• NCES district ID: 2006210
• Math proficiency: 30% ▲ 5.00%
• Reading proficiency: 25% ▬ 0.00%
• Median HH income: $44,882
• Composite: 26.59/100
• National rank: #12599
• State rank: #194 of 280 in KS

Livability — Fowler

• Score: 62/100
• State rank: #369
• US rank: #16562

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fowler, KS
• Population (ZIP): 726

Population outlook (Meade County) Hauer SSP2

• Today (2025): 3,775 people
• By 2030: 3,511 · -7.0%
• By 2040: 2,980 · -21.1%
• By 2050: 2,460 · -34.8%
• By 2075: 1,685 · -55.4%
• By 2100: 1,235 · -67.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Hispanic / Latino 22% Two or more races 5% Native American 3%
• Hispanic origin (detail): Mexican 13% Cuban 7%
• Common ancestry: Slovak 2% Portuguese 1% Scottish 1%
• Foreign-born: 8% · Canada
• Languages at home: 84% English-only · Spanish 16%

Political lean MEDSL · Meade

• 2024 margin: Solid R (+69.6) · D 14.6% · R 84.2% · Other 1.2%
• 2008→2024 swing: -8.4pp toward R · 2008: -61.3pp · 2024: -69.6pp
• All cycles: 2024: R+69.6 2020: R+69.0 2016: R+70.7 2012: R+69.2 2008: R+61.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.84%
• Current HPI: 169.9664
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+3.2% since first listed

5 events — show timeline

• 2026-05-12 Pending — GardenMLS
• 2026-05-04 Listed $80,000 GardenMLS
• 2024-10-11 Sold (MLS) — GardenMLS
• 2024-07-29 Listed $77,500 GardenMLS
• 1989-10-01 Sold (Public Records) — Public Records

Property tax history

+5.3%/yr

Latest (2025): $1,795 · -0.6% YoY. Source: county tax records.