1307 SW Hampton St · Topeka, KS 66604

$99,500

2 bd · 1.0 ba · 1,124 sqft · SingleFamily public records · 3 Days on market

Built 1935 3,049 sqft lot Est $136k · 27% under

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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 +20.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +4.9/10.0
• Rent growth +3.6/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Charming 3 bed, 1 bath home with hardwood floors, full unfinished basement, fenced yard, newer furnace, and a 1 car garage. Some flooring and paint updates have been completed in the last few years. It needs a little TLC. This home is one block from Washburn University, restaurants, and shopping. The home is being sold "As is. "

Key facts

• Newer furnace
• Fenced yard
• Hardwood floors

Tags

• HARDWOOD FLOORS
• FULL UNFINISHED BASEMENT
• FENCED YARD
• NEWER FURNACE

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-and-a-half story; Vinyl siding
• Construction: Composition roof
• Exterior features: Chain link fencing; Lot approximately 43 x 75

Interior

• Kitchen: Electric range; Refrigerator
• Flooring: Hardwood floors; Carpeted areas
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning
• Interior features: Gas water heater; Unfinished basement
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $127 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $98k (1.3% below list).
• Recommended offer: $98k (1.3% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 4.3% in Topeka — 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 69/100 on livability (#195 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime F, commute F.
• Topeka Public Schools (urban): math 17% / reading 23% proficiency, ranked #158 of 169 in KS (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Robinson Middle School (math 10% / reading 19%, grade F, #180 of 219 statewide, top 83%, 360 students, 84% FRL); Topeka High (math 11% / reading 20%, grade F, #248 of 327 statewide, top 76%, 1,514 students, 72% FRL).
• Market conditions: Rents rising fast (+4.4%/yr); 130 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $688 of loan paydown is wiped out by about $3k 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 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $48k; list at $100k implies a 107% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1935 — 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 $98,220 (1.3% below list)

Questions for the listing agent

1. Built in 1935 — 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: 0.99% ✗
• Cap rate: 7.83%
• Cash-on-cash: 5.48%
• DSCR: 1.24
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $136,004
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2054 SW Lane St	0.03mi	2/1.0	1,040 (-8%)	20mo	$90,000	$87	69
1665 SW 21st St	0.30mi	2/1.0	1,176 (+5%)	18mo	$142,500	$121	64
2017 SW Wayne Ave	0.70mi	3/1.0 (+1)	1,016 (-10%)	15mo	$155,000	$153	34

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 · 4.39% rent growth · sell at horizon

5-year hold

• IRR: -6.3%
• Equity multiple: 0.76×
• Total profit: $-6,638
• Equity at exit: $14,836

10-year hold

• IRR: 4.8%
• Equity multiple: 1.38×
• Total profit: $10,495
• Equity at exit: $8,603

Cash invested: $27,860 (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 66604

• Rents YoY: 4.4%
• Active inventory: 130
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $982 high
• Mortgage (P&I): −$522
• Tax from tax record: −$85 /mo · $1,026/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$206
• Net cashflow: $127

Break-even live

Break-even rent $821

Max offer price $99,500

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: $24,875
• Closing costs: $2,985
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 SW Washburn Ave Topeka, KS	2.0	1.0	883	$890	$1.01	21d	1	0.18mi
1116 SW 18th St Topeka, KS	3.0	1.0	1105	$1,175	$1.06	21d	1	0.35mi
2130 SW Fillmore St Topeka, KS	2.0	1.0	800	$800	$1.00	21d	1	0.40mi
1436 SW Byron St Topeka, KS	2.0	1.0	900	$720	$0.80	21d	1	0.50mi
1316 SW 27th St Topeka, KS	2.0	2.0	1456	$1,150	$0.79	21d	1	0.55mi
1414 SW 27th St Topeka, KS	2.0	1.0	908	$825	$0.91	21d	1	0.58mi
1510 SW Lane St Topeka, KS	1.0	1.0	750	$675	$0.90	21d	1	0.59mi
1515 SW 15th St Topeka, KS	1.0	1.0	775	$700	$0.90	21d	1	0.61mi
2045 SW Macvicar Ave Topeka, KS	2.0	2.0	860	$875	$1.02	21d	1	0.63mi
2409 SW 21st St Topeka, KS	3.0	1.0	890	$850	$0.96	21d	1	0.65mi
1624 SW Polk St Topeka, KS	3.0	2.0	1288	$1,350	$1.05	21d	1	0.66mi
1268 SW Western Ave Unit 1A Topeka, KS	2.0	1.0	1404	$1,000	$0.71	21d	1	0.93mi
512 SW 14th St Topeka, KS	2.0	1.0	815	$895	$1.10	21d	1	0.95mi
1438 SW Van Buren St Apt 4 Topeka, KS	2.0	1.0	700	$825	$1.18	21d	1	1.04mi
1623 SW Campbell Ave Topeka, KS	2.0	1.0	828	$1,100	$1.33	21d	1	1.16mi
501 SE 25th St Topeka, KS	3.0	1.5	1200	$1,295	$1.08	21d	1	1.42mi
1027 SW Woodward Ave Topeka, KS	3.0	1.0	864	$1,195	$1.38	21d	1	1.42mi
1724 SE Pennsylvania Ave Unit B Topeka, KS	2.0	1.0	960	$850	$0.89	21d	1	1.50mi

Listing history 4 events

1. 2026-06-19
   days on market $99,500 Active 3 DOM
2. 2026-06-18
   days on market $99,500 Active 2 DOM
3. 2026-06-17
   remarks 330-char remark
4. 2026-06-17
   listed $99,500 Active 1 DOM

ⓘ 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: $1,026 · $85/mo
• Projected year-2 tax: $1,403 · $117/mo
• Expected delta: +$377/yr (+$31/mo · 36.8%)

ⓘ 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 5/10 Major 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,786
• − Mortgage interest: −$5,574
• − Property taxes: −$1,026
• − Insurance: −$498
• − Repairs & maintenance: −$943
• − Management: −$943
• − Depreciation: −$2,895
• Taxable loss: −$91
• Est. tax savings @ 24.0%: +$22
• After-tax cash flow: $1,548/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: Topeka Public Schools
• NCES district ID: 2012260
• Math proficiency: 17% ▼ -8.00%
• Reading proficiency: 23% ▼ -2.00%
• Median HH income: $37,405
• Composite: 16.69/100
• National rank: #9167
• State rank: #158 of 169 in KS

Livability — Topeka

• Score: 69/100
• State rank: #195
• US rank: #8848

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Topeka, KS
• County: Shawnee County · 118,130 people
• City population: 118,130
• Metro: Topeka, KS
• Population (ZIP): 23,006
• Household income: $60,874
• Rent vs Own: 45.5% rent · 54.5% own
• Severe rent burden: 1192.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Two or more races 11% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 94% English-only · Spanish 4% Other Asian/Pacific 1% Other Indo-European 1%

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: ▼ -151.78%
• Current HPI: 227.637
• Rent YoY: ▲ 4.39%
• Metro: Topeka, KS
• State GDP YoY: —
• F500 in state: 0

Price history

+107.3% since first listed

5 events — show timeline

• 2026-06-16 Listed $99,500 Sunflower MLS as distributed by MLS GRID
• 2019-08-20 Sold (Public Records) — Public Records
• 2018-05-14 Sold (Public Records) — Public Records
• 2001-03-01 Sold (Public Records) — Public Records
• 2001-03-01 Sold (Public Records) $48,000 Public Records

Property tax history

+3.7%/yr

Latest (2025): $1,026 · +6.8% YoY. Source: county tax records.