223 N Sedgwick · Burrton, KS 67020

$100,000

4 bd · 2.0 ba · 1,296 sqft · SingleFamily public records · 21 Days on market

Built 1956 9,147 sqft lot

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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 +24.7/30.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Appreciation +6.9/10.0
• Livability +3.6/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Key facts

• 9,147 sq ft lot
• Built 1956
• Listed 21 days

Property features AI

Exterior

• Utilities: Sewer available; Natural gas available; Public utilities
• Home design: Single-family onsite-built home; One story
• Construction: Crawl space foundation
• Exterior features: One level; Chain link fencing; Composition roof

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Main-floor laundry; No basement
• Laundry & utility: Laundry on the main floor

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $209 ($3k/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.

Location & tenants

• Location reads 71/100 on livability (#134 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Burrton (rural): math 25% / reading 25% proficiency, ranked #214 of 280 in KS (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Burrton Elem (math 30% / reading 30%, grade F, #454 of 684 statewide, top 67%, 74 students, 55% FRL); Burrton Ms/Hs (math 8% / reading 15%, grade F, #287 of 327 statewide, top 88%, 89 students, 52% FRL).
• Market conditions: 13 active listings in the ZIP; 148 units permitted in Harvey County in 2024 (13 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $4k appreciation (3.8% local appreciation)).
• At projected returns (3.8% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y 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 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

1. Built in 1956 — 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: 1.22% ✓
• Cap rate: 8.80%
• Cash-on-cash: 8.94%
• DSCR: 1.40
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.79% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.8%
• Equity multiple: 2.06×
• Total profit: $29,655
• Equity at exit: $49,507

10-year hold

• IRR: 18.7%
• Equity multiple: 3.93×
• Total profit: $81,942
• Equity at exit: $80,035

Cash invested: $28,000 (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 67020

• Home prices YoY: 1.7%
• Active inventory: 13
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,219 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$188 /mo · $2,257/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $209

Break-even live

Break-even rent $955

Max offer price $100,000

Occupancy floor 78%

Sensitivity live

Price	-10% $265	-5% $237	+0% $209	+5% $180	+10% $152
Rent	-10% $112	-5% $160	+0% $209	+5% $257	+10% $305
Rate	-1.0pp $259	-0.5pp $234	base $209	+0.5pp $183	+1.0pp $156

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-12
   status $100,000 Pending 21 DOM
2. 2026-06-09
   days on market $100,000 Active 21 DOM
3. 2026-06-08
   days on market $100,000 Active 20 DOM
4. 2026-06-07
   days on market $100,000 Active 19 DOM
5. 2026-06-02
   days on market $100,000 Active 14 DOM
6. 2026-06-01
   days on market $100,000 Active 13 DOM
7. 2026-05-31
   days on market $100,000 Active 12 DOM
8. 2026-05-30
   days on market $100,000 Active 11 DOM
9. 2026-05-19
   listed $100,000 Active
10. 2026-05-12
    historical
11. 2026-04-03
    listed $100,000 Active
12. 2016-11-01
    listed $64,900

ⓘ 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: $2,257 · $188/mo
• Projected year-2 tax: $2,257 · $188/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,622
• − Mortgage interest: −$5,602
• − Property taxes: −$2,257
• − Insurance: −$500
• − Repairs & maintenance: −$1,170
• − Management: −$1,170
• − Depreciation: −$2,909
• Taxable income: $1,016
• Est. tax owed @ 24.0%: −$244
• After-tax cash flow: $2,258/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: Burrton
• NCES district ID: 2004350
• Math proficiency: 25% ▲ 5.00%
• Reading proficiency: 25% ▼ -5.00%
• Median HH income: $54,720
• Composite: 25.55/100
• National rank: #12839
• State rank: #214 of 280 in KS

Livability — Burrton

• Score: 71/100
• State rank: #134
• US rank: #6703

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burrton, KS
• Population (ZIP): 1,440

Population outlook (Harvey County) Hauer SSP2

• Today (2025): 35,226 people
• By 2030: 35,287 · +0.2%
• By 2040: 35,124 · -0.3%
• By 2050: 34,665 · -1.6%
• By 2075: 33,716 · -4.3%
• By 2100: 30,163 · -14.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 2%
• Common ancestry: Slovak 4% Italian 3% Scotch-Irish 3%
• Foreign-born: 0%
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Harvey

• 2024 margin: Strong R (+21.1) · D 38.6% · R 59.6% · Other 1.8%
• 2008→2024 swing: -3.8pp toward R · 2008: -17.2pp · 2024: -21.1pp
• All cycles: 2024: R+21.1 2020: R+19.7 2016: R+24.1 2012: R+23.1 2008: R+17.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.79%
• Current HPI: 225.2177
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+54.1% since first listed

4 events — show timeline

• 2026-05-19 Listed $100,000 SCKMLS as Distributed by MLS Grid
• 2026-05-12 Listing Removed — SCKMLS as Distributed by MLS Grid
• 2026-04-03 Listed $100,000 SCKMLS as Distributed by MLS Grid
• 2016-11-01 Listed $64,900 SCKMLS as Distributed by MLS Grid

Property tax history

+4.4%/yr

Latest (2025): $2,257 · +4.9% YoY. Source: county tax records.