4149 N 74th St · Kansas City, KS 66109

$99,000

2 bd · 1.5 ba · 1,120 sqft · SingleFamily public records · 39 Days on market

Built 1947 0.87 ac 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Back on the market at no fault of the seller! Nestled in the heart of Wyandotte County, this property offers incredible potential on a secluded and scenic 0.8-acre lot surrounded by nature. Located just minutes from Wyandotte County Lake, this is a rare opportunity for investors, builders, or buyers looking to create their dream property. The existing home is in need of a complete renovation or tear-down, making this an ideal blank canvas to build your own. Enjoy the peace and privacy of country-style living while still being close to all city conveniences. Cash sale only.

Key facts

• 0.87 acre lot
• Built 1947
• Listed 39 days

Property features AI

Finance

• Other: Lot approximately 0.87 acres
• HOA & community: No association fees

Exterior

• Parking: Detached off-street parking
• Utilities: Public water; Septic tank sewer
• Home design: Single-family residential home; Two-story floor plan; Wood siding; Composition roof
• Construction: Built approximately 76–100 years ago; Wood siding construction; Composition roof
• Exterior features: Partial fencing; Shed(s) on the property; Paved road access

Interior

• Kitchen: Kitchen on the lower level (approx. 13 x 13) with vinyl flooring
• Bedrooms: Three bedrooms — two on the main level (approx. 13 x 10 each) and one on the lower level (approx. 14 x 10)
• Flooring: Carpet; Laminate; Ceramic tile in some bedrooms and lower-level half bath
• Bathrooms: One full bathroom with shower-over-tub; One half bathroom
• Heating & cooling: Electric heating; Electric cooling (central or whole-house)
• Interior features: Basement with a bedroom and walk-out access; Dining area combined with kitchen

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $664 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $96k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.3% 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: John F Kennedy Elem (math 9% / reading 17%, grade F, #639 of 684 statewide, top 94%, 401 students, 84% FRL); Washington High (math 0% / reading 3%, grade F, #327 of 327 statewide, top 100%, 1,114 students, 75% FRL) — zoned schools at 79% FRL track the district average.
• Market conditions: Rents soft (-1.8%/yr); 236 active listings in the ZIP; solid renter incomes; 369 units permitted in Wyandotte County in 2024 (236 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $11k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $7k; list at $99k implies a 1314% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $96,030 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.73% ✓
• Cap rate: 14.34%
• Cash-on-cash: 28.74%
• DSCR: 2.28
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 1.77×
• Total profit: $21,259
• Equity at exit: $14,761

10-year hold

• IRR: 25.8%
• Equity multiple: 2.94×
• Total profit: $53,700
• Equity at exit: $8,560

Cash invested: $27,720 (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 66109

• Rents YoY: -1.8%
• Active inventory: 236
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,711 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$127 /mo · $1,526/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $664

Break-even live

Break-even rent $870

Max offer price $99,000

Occupancy floor 56%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $99,000 Active 39 DOM
2. 2026-06-17
   days on market $99,000 Active 38 DOM
3. 2026-06-16
   days on market $99,000 Active 37 DOM
4. 2026-06-15
   days on market $99,000 Active 36 DOM
5. 2026-06-13
   days on market $99,000 Active 34 DOM
6. 2026-06-13
   days on market $99,000 Active 33 DOM
7. 2026-06-09
   days on market $99,000 Active 30 DOM
8. 2026-06-08
   days on market $99,000 Active 29 DOM
9. 2026-06-07
   days on market $99,000 Active 28 DOM
10. 2026-06-05
    days on market $99,000 Active 25 DOM
11. 2026-06-03
    days on market $99,000 Active 24 DOM
12. 2026-06-02
    days on market $99,000 Active 23 DOM
13. 2026-06-01
    days on market $99,000 Active 22 DOM
14. 2026-05-31
    days on market $99,000 Active 21 DOM
15. 2026-05-12
    price $99,000
16. 2026-05-12
    status Active
17. 2026-04-07
    status Pending
18. 2026-04-05
    listed $110,000 Active
19. 2026-04-05
    historical $110,000
20. 2025-12-02
    historical
21. 2025-10-21
    price $140,000
22. 2025-10-16
    listed $150,000 Active
23. 1991-08-01
    soldstatus $7,000

ⓘ 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: $1,526 · $127/mo
• Projected year-2 tax: $1,526 · $127/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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥107°F today · 16 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: $20,530
• − Mortgage interest: −$5,546
• − Property taxes: −$1,526
• − Insurance: −$495
• − Repairs & maintenance: −$1,642
• − Management: −$1,642
• − Depreciation: −$2,880
• Taxable income: $6,798
• Est. tax owed @ 24.0%: −$1,632
• After-tax cash flow: $6,336/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): 28,355
• Household income: $102,593
• Rent vs Own: 20.1% rent · 79.9% own
• Severe rent burden: 285.0

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 0.64)
• Race & ethnicity: White 55% Black 18% Hispanic / Latino 13% Two or more races 13% Asian 7%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Italian 2% Lithuanian 2% Romanian 2%
• Foreign-born: 9% · Canada, Philippines, China
• Languages at home: 88% English-only · Spanish 5% Other Asian/Pacific 5% Vietnamese 1%

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: ▼ -242.32%
• Current HPI: 182.7335
• Rent YoY: ▼ -1.79%
• Metro: Kansas City, MO-KS
• State GDP YoY: —
• F500 in state: 0

Price history

+1314.3% since first listed

9 events — show timeline

• 2026-05-12 Price Changed $99,000 Heartland MLS as Distributed by MLS Grid
• 2026-05-12 Relisted — Heartland MLS as Distributed by MLS Grid
• 2026-04-07 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-04-05 Listed $110,000 Heartland MLS as Distributed by MLS Grid
• 2026-04-05 Coming Soon $110,000 Heartland MLS as Distributed by MLS Grid
• 2025-12-02 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2025-10-21 Price Changed $140,000 Heartland MLS as Distributed by MLS Grid
• 2025-10-16 Listed $150,000 Heartland MLS as Distributed by MLS Grid
• 1991-08-01 Sold (Public Records) $7,000 Public Records

Property tax history

+5.6%/yr

Latest (2025): $1,526 · +34.9% YoY. Source: county tax records.