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311 Grant St. St
C+ Composite 60.43
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 +22.0/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.0/10.0
  • Appreciation +6.1/10.0
  • 1% rule +5.2/10.0
  • Schools +4.0/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$82,500

311 Grant St. St · Quinter, KS 67752
2 bd · 1.0 ba · 784 sqft · SingleFamily public records · 67 Days on market
Built 1945 7,000 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

-.

Key facts

  • 7,000 sq ft lot
  • Garage
  • Built 1945

Tags

PRIVACY FENCED BACKYARDDETACHED INSULATED GARAGE

Property features AI

Exterior

  • Parking: Detached or attached garage with 1 space
  • Utilities: Public water; Public sewer; Cable available; Natural gas available
  • Home design: Residential property; Single-level entry (entry level 1)
  • Construction: Composition roof
  • Exterior features: Covered patio/porch; Fenced yard

Interior

  • Kitchen: Dishwasher; Disposal; Microwave; Range; Oven
  • Bedrooms: 2 bedrooms on the main level; 4 total rooms
  • Heating & cooling: Heat pump
  • Interior features: Eat-in kitchen; Window coverings
  • 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/1.0-bath single-family listed at $82k.

Deal economics

  • At list price, monthly cash flow is $131 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($840 rent vs $82k).
  • Recommended offer: $78k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 73/100 on livability (#98 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D-, amenities F, commute F.
  • Quinter Public Schools (rural): math 40% / reading 50% proficiency, ranked #30 of 280 in KS (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 6 active listings in the ZIP.

Forward outlook

  • In year one you build about $2k of equity ($570 loan paydown + $2k appreciation (2.2% local appreciation)).
  • Gove County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (2.2% appreciation + 3.0% rent growth), your $23k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 67 days — a 6% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y 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 $16k; list at $82k implies a 416% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $77,550 (6.0% below list)

Questions for the listing agent

  1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Crime grade is D 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?
  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
1.02%
Cap rate
8.20%
Cash-on-cash
6.80%
DSCR
1.30
GRM
8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

2.16% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
11.6%
Equity multiple
1.63×
Total profit
$14,641
Equity at exit
$33,245
10-year hold
IRR
14.3%
Equity multiple
2.95×
Total profit
$45,102
Equity at exit
$48,421

Cash invested: $23,100 (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 67752

Home prices YoY
1.1%
Active inventory
6
Price-to-rent
8.2×

Monthly cashflow live

Estimated rent
$840 medium interval (Pro) →
Mortgage (P&I)
$433
Tax from tax record
$66 /mo · $786/yr
Insurance
$34
HOA
$0
Vacancy / Maint / Mgmt
$176
Net cashflow
$131

Break-even live

Break-even rent $674
Max offer price $82,500
Occupancy floor 79%

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
$20,625
Closing costs
$2,475
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 10 events

  1. 2026-05-18
    status Pending
  2. 2026-03-24
    historical Active Under Contract
  3. 2026-03-12
    listed $82,500 Active
  4. 2023-09-21
    listed $55,000 2-char remark
    Show marketing remark (2 chars)

    -.

  5. 2023-09-21
    historical 2-char remark
    Show marketing remark (2 chars)

    -.

  6. 2023-09-21
    soldstatus Closed 2-char remark
    Show marketing remark (2 chars)

    -.

  7. 2006-06-01
    soldstatus $16,000
  8. 2006-06-01
    soldstatus $16,000
  9. 1985-03-01
    soldstatus $12,500
  10. 1985-03-01
    soldstatus $12,500

ⓘ 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
$786 · $66/mo
Projected year-2 tax
$1,163 · $97/mo
Expected delta
+$377/yr (+$31/mo · 47.9%)

ⓘ 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 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥101°F today · 17 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$10,076
− Mortgage interest
−$4,621
− Property taxes
−$786
− Insurance
−$412
− Repairs & maintenance
−$806
− Management
−$806
− Depreciation
−$2,400
Taxable income
$244
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$59
After-tax cash flow
$1,511/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
Quinter Public Schools
NCES district ID
2010950
Math proficiency
40% ▲ 5.00%
Reading proficiency
50% ▬ 0.00%
Median HH income
$45,133
Composite
40.38/100
National rank
#7744
State rank
#30 of 280 in KS

Livability — Quinter

Score
73/100
State rank
#98
US rank
#5609

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Quinter, KS
Population (ZIP)
1,603

Population outlook (Gove County) Hauer SSP2

Today (2025)
2,613 people
By 2030
2,620 · +0.3%
By 2040
2,705 · +3.5%
By 2050
2,854 · +9.2%
By 2075
3,430 · +31.3%
By 2100
3,595 · +37.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (94%)
Race & ethnicity
White 94% Two or more races 5% Hispanic / Latino 2%
Common ancestry
Slovak 5% Serbian 4% Scotch-Irish 2%
Foreign-born
1% · Canada

Political lean MEDSL · Gove

2024 margin
Solid R (+77.2) · D 10.7% · R 87.9% · Other 1.4%
2008→2024 swing
-15.5pp toward R · 2008: -61.7pp · 2024: -77.2pp
All cycles
2024: R+77.2 2020: R+76.3 2016: R+73.6 2012: R+71.7 2008: R+61.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 2.16%
Current HPI
199.6207
Rent YoY
Metro
State GDP YoY
F500 in state
0

Price history

+560.0% since first listed
10 events — show timeline
  • 2026-05-18 Pending Hays MLS
  • 2026-03-24 Contingent Hays MLS
  • 2026-03-12 Listed $82,500 Hays MLS
  • 2023-09-21 Sold (MLS) Hays MLS
  • 2023-09-21 Delisted Hays MLS
  • 2023-09-21 Listed $55,000 Hays MLS
  • 2006-06-01 Sold (Public Records) $16,000 Public Records
  • 2006-06-01 Sold (Public Records) $16,000 Public Records
  • 1985-03-01 Sold (Public Records) $12,500 Public Records
  • 1985-03-01 Sold (Public Records) $12,500 Public Records

Property tax history

+6.1%/yr

Latest (2025): $786 · +4.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…