1440 S 41st St · Kansas City, KS 66106

$169,000

2 bd · 1.0 ba · 1,020 sqft · SingleFamily public records · 93 Days on market

Built 1930 6,098 sqft lot ↓ 6% since listing

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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 +20.8/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.8/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home in Wyandotte! Almost a new house, this updated ranch has so much to offer! Enjoy the BRAND NEW kitchen cabinets, sink, counter tops, stove/range, microwave, & dishwasher. All new carpet in both bedrooms PLUS refinished hardwood floors in the living room. The BRAND NEW bathroom includes a new sink, toilet, and shower. New energy efficient windows (yes window coverings stay!), new doors, all new electrical AND new plumbing. WOW! the water heater is only a month old! AND! you have options on where to do the laundry! There are TWO hookup placements: off the kitchen and/or in the basement. Relax your cares away on the front screened porch. BONUS! backyard is fenced PLUS a one car detached garage! Perfect location from any direction: I-635 is less than 2 minutes, I-70 & I-35 are less than 10 minutes, and downtown/crossroads district is 15 minutes AND it's close to Advent Health & KU!

Key facts

• 6,098 sq ft lot
• Garage
• Built 1930

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Bungalow / Ranch style; One-story
• Construction: Stone and frame construction; Composition roof; Has a full basement; Built approximately 76–100 years ago
• Exterior features: Metal fencing; City lot in city limits

Interior

• Kitchen: Eat-in kitchen
• Bedrooms: 2 bedrooms (including a main-floor primary bedroom)
• Flooring: Carpet; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: Ceiling fans; Window coverings; Enclosed porch; Main-floor primary bedroom; Eat-in kitchen
• Laundry & utility: Laundry located on bedroom level and in the basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $169k.

Deal economics

• At list price, monthly cash flow is $232 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $169k).
• Recommended offer: $154k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.8% in Kansas City — 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 72/100 on livability (#103 in KS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
• Kansas City (urban): math 8% / reading 15% proficiency, ranked #169 of 169 in KS (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: New Stanley Elem (math 8% / reading 17%, grade F, #643 of 684 statewide, top 95%, 214 students, 91% FRL); J C Harmon High (math 0% / reading 4%, grade F, #326 of 327 statewide, top 100%, 1,330 students, 79% FRL) — zoned schools at 85% FRL track the district average.
• Market conditions: 94 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 369 units permitted in Wyandotte County in 2024 (236 in 5+ unit buildings).
• This rent runs 36% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Wyandotte County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($154k) 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.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $153,790 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 1.08% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.88%
• DSCR: 1.26
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -7.2%
• Equity multiple: 0.73×
• Total profit: $-12,578
• Equity at exit: $25,198

10-year hold

• IRR: 2.4%
• Equity multiple: 1.17×
• Total profit: $8,258
• Equity at exit: $14,612

Cash invested: $47,320 (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 66106

• Active inventory: 94
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,822 medium
• Mortgage (P&I): −$886
• Tax from tax record: −$251 /mo · $3,011/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $232

Break-even live

Break-even rent $1,529

Max offer price $169,000

Occupancy floor 82%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5012 Powell Ave Kansas City, KS	3.0	2.0	1452	$1,895	$1.31	14d	1	0.98mi
2118 S 47th St Kansas City, KS	3.0	1.0	1008	$2,400	$2.38	17d	1	1.04mi

Listing history 10 events

1. 2026-05-08
   price $169,000
2. 2026-05-01
   price $174,000
3. 2026-04-01
   price $174,500
4. 2026-02-26
   listed $175,000 Active
5. 2026-01-27
   historical $175,000
6. 2023-10-30
   soldstatus
7. 2023-10-27
   soldstatus Closed 920-char remark

   Show marketing remark (920 chars)

   Welcome home in Wyandotte! Almost a new house, this updated ranch has so much to offer! Enjoy the BRAND NEW kitchen cabinets, sink, counter tops, stove/range, microwave, & dishwasher. All new carpet in both bedrooms PLUS refinished hardwood floors in the living room. The BRAND NEW bathroom includes a new sink, toilet, and shower. New energy efficient windows (yes window coverings stay!), new doors, all new electrical AND new plumbing. WOW! the water heater is only a month old! AND! you have options on where to do the laundry! There are TWO hookup placements: off the kitchen and/or in the basement. Relax your cares away on the front screened porch. BONUS! backyard is fenced PLUS a one car detached garage! Perfect location from any direction: I-635 is less than 2 minutes, I-70 & I-35 are less than 10 minutes, and downtown/crossroads district is 15 minutes AND it's close to Advent Health & KU!

8. 2023-10-14
   status Pending 920-char remark

   Show marketing remark (920 chars)

   Welcome home in Wyandotte! Almost a new house, this updated ranch has so much to offer! Enjoy the BRAND NEW kitchen cabinets, sink, counter tops, stove/range, microwave, & dishwasher. All new carpet in both bedrooms PLUS refinished hardwood floors in the living room. The BRAND NEW bathroom includes a new sink, toilet, and shower. New energy efficient windows (yes window coverings stay!), new doors, all new electrical AND new plumbing. WOW! the water heater is only a month old! AND! you have options on where to do the laundry! There are TWO hookup placements: off the kitchen and/or in the basement. Relax your cares away on the front screened porch. BONUS! backyard is fenced PLUS a one car detached garage! Perfect location from any direction: I-635 is less than 2 minutes, I-70 & I-35 are less than 10 minutes, and downtown/crossroads district is 15 minutes AND it's close to Advent Health & KU!

9. 2023-10-08
   historical Active Under Contract 920-char remark

   Show marketing remark (920 chars)

   Welcome home in Wyandotte! Almost a new house, this updated ranch has so much to offer! Enjoy the BRAND NEW kitchen cabinets, sink, counter tops, stove/range, microwave, & dishwasher. All new carpet in both bedrooms PLUS refinished hardwood floors in the living room. The BRAND NEW bathroom includes a new sink, toilet, and shower. New energy efficient windows (yes window coverings stay!), new doors, all new electrical AND new plumbing. WOW! the water heater is only a month old! AND! you have options on where to do the laundry! There are TWO hookup placements: off the kitchen and/or in the basement. Relax your cares away on the front screened porch. BONUS! backyard is fenced PLUS a one car detached garage! Perfect location from any direction: I-635 is less than 2 minutes, I-70 & I-35 are less than 10 minutes, and downtown/crossroads district is 15 minutes AND it's close to Advent Health & KU!

10. 2023-09-29
    listed $179,999 Active 920-char remark

    Show marketing remark (920 chars)

    Welcome home in Wyandotte! Almost a new house, this updated ranch has so much to offer! Enjoy the BRAND NEW kitchen cabinets, sink, counter tops, stove/range, microwave, & dishwasher. All new carpet in both bedrooms PLUS refinished hardwood floors in the living room. The BRAND NEW bathroom includes a new sink, toilet, and shower. New energy efficient windows (yes window coverings stay!), new doors, all new electrical AND new plumbing. WOW! the water heater is only a month old! AND! you have options on where to do the laundry! There are TWO hookup placements: off the kitchen and/or in the basement. Relax your cares away on the front screened porch. BONUS! backyard is fenced PLUS a one car detached garage! Perfect location from any direction: I-635 is less than 2 minutes, I-70 & I-35 are less than 10 minutes, and downtown/crossroads district is 15 minutes AND it's close to Advent Health & KU!

ⓘ 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: $3,011 · $251/mo
• Projected year-2 tax: $3,011 · $251/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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,862
• − Mortgage interest: −$9,467
• − Property taxes: −$3,011
• − Insurance: −$845
• − Repairs & maintenance: −$1,749
• − Management: −$1,749
• − Depreciation: −$4,916
• Taxable income: $125
• Est. tax owed @ 24.0%: −$30
• After-tax cash flow: $2,750/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: Kansas City
• NCES district ID: 2007950
• Math proficiency: 8% ▼ -10.00%
• Reading proficiency: 15% ▼ -4.00%
• Median HH income: $34,774
• Composite: 9.38/100
• National rank: #9856
• State rank: #169 of 169 in KS

Livability — Kansas City

• Score: 72/100
• State rank: #103
• US rank: #6054

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kansas City, KS
• County: Wyandotte County · 130,206 people
• City population: 130,206
• Metro: Kansas City, MO-KS
• Population (ZIP): 24,245
• Household income: $61,331
• Rent vs Own: 31.7% rent · 68.3% own
• Severe rent burden: 583.0

Population outlook (Wyandotte County) Hauer SSP2

• Today (2025): 177,063 people
• By 2030: 183,212 · +3.5%
• By 2040: 195,697 · +10.5%
• By 2050: 207,897 · +17.4%
• By 2075: 236,169 · +33.4%
• By 2100: 255,790 · +44.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 47% Hispanic / Latino 38% Two or more races 12% Black 8% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 34%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 14% · Canada
• Languages at home: 68% English-only · Spanish 29% Other Asian/Pacific 2%

Political lean MEDSL · Wyandotte

• 2024 margin: Strong D (+23.9) · D 61.1% · R 37.3% · Other 1.6%
• 2008→2024 swing: -17.0pp toward R · 2008: 40.9pp · 2024: 23.9pp
• All cycles: 2024: D+23.9 2020: D+30.9 2016: D+29.1 2012: D+36.4 2008: D+40.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -253.32%
• Current HPI: 239.6957
• Rent YoY: —
• Metro: Kansas City, MO-KS
• State GDP YoY: —
• F500 in state: 0

Price history

-6.1% since first listed

10 events — show timeline

• 2026-05-08 Price Changed $169,000 Heartland MLS as Distributed by MLS Grid
• 2026-05-01 Price Changed $174,000 Heartland MLS as Distributed by MLS Grid
• 2026-04-01 Price Changed $174,500 Heartland MLS as Distributed by MLS Grid
• 2026-02-26 Listed $175,000 Heartland MLS as Distributed by MLS Grid
• 2026-01-27 Coming Soon $175,000 Heartland MLS as Distributed by MLS Grid
• 2023-10-30 Sold (Public Records) — Public Records
• 2023-10-27 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2023-10-14 Pending — Heartland MLS as Distributed by MLS Grid
• 2023-10-08 Contingent — Heartland MLS as Distributed by MLS Grid
• 2023-09-29 Listed $179,999 Heartland MLS as Distributed by MLS Grid

Property tax history

+7.9%/yr

Latest (2025): $3,011 · +6.4% YoY. Source: county tax records.