211 W 4th St · Auburn, KS 66402

$205,000

3 bd · 2.0 ba · 1,351 sqft · SingleFamily public records · 5 Days on market

Built 1979 7,841 sqft lot Est $213k · at est.

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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 +23.9/30.0
• ARV discount +9.3/15.0
• DSCR +7.7/10.0
• 1% rule +6.2/10.0
• Livability +3.7/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SOLD BEFORE PRINT

Key facts

• Spacious deck
• Vented for fireplace
• 7,841 sq ft lot

Tags

• SPACIOUS DECK
• ADDITIONAL LIVING SPACE
• VENTED FOR FIREPLACE

Property features AI

Exterior

• Parking: Attached garage with 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence (single house); Residential property
• Construction: Above-grade finished living area; Below-grade finished living area
• Exterior features: Deck; Storm door(s); Fenced yard (chain link and wood)

Interior

• Kitchen: Electric range; Microwave; Dishwasher; Refrigerator
• Flooring: Vinyl; Laminate; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Pantry; Storm windows; Wood burning fireplace with pellet stove insert (living room) - decorative
• Laundry & utility: Washer and dryer included; Laundry located in basement / lower level; Full, partially finished basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $205k).

Location & tenants

• Location reads 73/100 on livability (#97 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Auburn Washburn (rural): math 34% / reading 42% proficiency, ranked #29 of 169 in KS (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Auburn Elementary (math 34% / reading 47%, grade F, #309 of 684 statewide, top 45%, 377 students, 34% FRL); Washburn Rural Middle School (math 28% / reading 31%, grade F, #72 of 219 statewide, top 38%, 943 students, 36% FRL); Washburn Rural High (math 25% / reading 30%, grade F, #83 of 327 statewide, top 25%, 1,884 students, 31% FRL).
• Market conditions: 16 active listings in the ZIP; 219 units permitted in Shawnee County in 2024 (25 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Shawnee County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 11y 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 $64k; list at $205k implies a 223% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $205,000

Questions for the listing agent

1. Built in 1979 — 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. 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.
4. 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.
5. 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: 1.12% ✓
• Cap rate: 8.62%
• Cash-on-cash: 8.32%
• DSCR: 1.37
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $213,458
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
450 N Milton St	0.09mi	3/1.0	1,158 (-14%)	3mo	$182,500	$158	66
530 N Milton St	0.10mi	3/1.0	1,156 (-14%)	21mo	$143,900	$124	50

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: -3.6%
• Equity multiple: 0.86×
• Total profit: $-7,852
• Equity at exit: $30,566

10-year hold

• IRR: 6.1%
• Equity multiple: 1.45×
• Total profit: $25,912
• Equity at exit: $17,725

Cash invested: $57,400 (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 66402

• Home prices YoY: -7.4%
• Active inventory: 16
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,288 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$250 /mo · $2,995/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$481
• Net cashflow: $398

Break-even live

Break-even rent $1,785

Max offer price $205,000

Occupancy floor 78%

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-05-12
   status Pending
2. 2026-05-07
   listed $205,000 Active
3. 2019-07-26
   soldstatus 17-char remark

   Show marketing remark (17 chars)

   SOLD BEFORE PRINT

4. 2019-07-26
   soldstatus

   Show marketing remark (17 chars)

   SOLD BEFORE PRINT

5. 2019-06-24
   listed $128,000 17-char remark

   Show marketing remark (17 chars)

   SOLD BEFORE PRINT

6. 2017-07-25
   soldstatus
7. 2016-10-26
   soldstatus 179-char remark

   Show marketing remark (179 chars)

   With some TLC, this 3 bed/2 bath home could be perfect! Large fenced backyard and close to school, this is ideal for a family looking for a fixer-upper in a great school district!

8. 2016-10-24
   soldstatus
9. 2015-12-08
   listed $60,000 179-char remark

   Show marketing remark (179 chars)

   With some TLC, this 3 bed/2 bath home could be perfect! Large fenced backyard and close to school, this is ideal for a family looking for a fixer-upper in a great school district!

10. 1998-09-30
    soldstatus $63,500

ⓘ 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: $2,995 · $250/mo
• Projected year-2 tax: $2,995 · $250/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 6/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,461
• − Mortgage interest: −$11,483
• − Property taxes: −$2,995
• − Insurance: −$1,025
• − Repairs & maintenance: −$2,197
• − Management: −$2,197
• − Depreciation: −$5,964
• Taxable income: $1,600
• Est. tax owed @ 24.0%: −$384
• After-tax cash flow: $4,390/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: Auburn Washburn
• NCES district ID: 2003200
• Math proficiency: 34% ▼ -8.00%
• Reading proficiency: 42% ▼ -5.00%
• Median HH income: $71,903
• Composite: 34.91/100
• National rank: #5073
• State rank: #29 of 169 in KS

Livability — Auburn

• Score: 73/100
• State rank: #97
• US rank: #5594

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: Auburn, KS
• Population (ZIP): 3,044

Population outlook (Shawnee County) Hauer SSP2

• Today (2025): 179,277 people
• By 2030: 177,762 · -0.8%
• By 2040: 172,341 · -3.9%
• By 2050: 166,330 · -7.2%
• By 2075: 152,417 · -15.0%
• By 2100: 134,782 · -24.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Two or more races 17% Hispanic / Latino 15%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Italian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 4% · Canada, China
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Shawnee

• 2024 margin: Toss-up / Even · D 49.3% · R 48.8% · Other 2.0%
• 2008→2024 swing: +0.8pp no change · 2008: -0.3pp · 2024: 0.5pp
• All cycles: 2024: D+0.5 2020: D+3.0 2016: R+2.8 2012: R+1.7 2008: R+0.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.49%
• Current HPI: 243.7226
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+222.8% since first listed

10 events — show timeline

• 2026-05-12 Pending — Sunflower MLS as distributed by MLS GRID
• 2026-05-07 Listed $205,000 Sunflower MLS as distributed by MLS GRID
• 2019-07-26 Sold (Public Records) — Public Records
• 2019-07-26 Sold (MLS) — Sunflower MLS as distributed by MLS GRID
• 2019-06-24 Listed $128,000 Sunflower MLS as distributed by MLS GRID
• 2017-07-25 Sold (Public Records) — Public Records
• 2016-10-26 Sold (MLS) — Sunflower MLS as distributed by MLS GRID
• 2016-10-24 Sold (Public Records) — Public Records
• 2015-12-08 Listed $60,000 Sunflower MLS as distributed by MLS GRID
• 1998-09-30 Sold (Public Records) $63,500 Public Records

Property tax history

+6.0%/yr

Latest (2025): $2,995 · +4.8% YoY. Source: county tax records.