530 Section Line Rd · Wetmore, KS 66550

$95,000

5 bd · 2.0 ba · 2,052 sqft · SingleFamily public records · 5 Days on market

Built 1997 0.62 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
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Appreciation +8.5/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Beautiful mobile home located on 5 city lots, 0.62 acres! 5bd 2 ba with 2,052 sq ft, perfect for a large family! 24x24 detached 2 car garage. Double living room, great sun porch to enjoy the beautiful Kansas weather! Property is equipped with a tool shed and a large shop. Short walking distance from the grade school, great for children! Low taxes with lots of potential!!

Key facts

• 0.62 acre lot
• Garage
• Built 1997

Property features AI

Exterior

• Parking: Detached carport
• Utilities: Public water; Public sewer
• Home design: Manufactured home; Single-house subtype
• Construction: Metal siding; Metal roof; Built as manufactured house
• Exterior features: Enclosed deck; Outbuilding

Interior

• Kitchen: Electric cooktop; Dishwasher; Refrigerator; Garbage disposal; Gas water heater
• Flooring: Laminate flooring; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Vaulted ceilings; Storm windows; Full concrete basement
• Laundry & utility: Main level laundry

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $376 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).

Location & tenants

• Location reads 68/100 on livability (#212 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• North Jackson (rural): math 40% / reading 50% proficiency, ranked #28 of 280 in KS (top 10%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Jackson Heights Elementary School (math 52% / reading 52%, grade C-, #131 of 684 statewide, top 23%, 228 students, 40% FRL); Jackson Heights High School And Middle School (math 17% / reading 32%, grade F, #105 of 327 statewide, top 49%, 176 students, 42% FRL).
• Market conditions: 3 active listings in the ZIP; 14 units permitted in Nemaha County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($657 loan paydown + $7k appreciation (7.0% local appreciation)).
• Nemaha County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (7.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 6y 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.

Recommended offer $95,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
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: 1.38% ✓
• Cap rate: 11.04%
• Cash-on-cash: 16.95%
• DSCR: 1.75
• GRM: 6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

7.04% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 31.5%
• Equity multiple: 3.16×
• Total profit: $57,348
• Equity at exit: $66,065

10-year hold

• IRR: 28.6%
• Equity multiple: 6.59×
• Total profit: $148,799
• Equity at exit: $125,704

Cash invested: $26,600 (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 66550

• Home prices YoY: 3.3%
• Active inventory: 3
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,307 medium
• Mortgage (P&I): −$498
• Tax est. 1.5%: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $376

Break-even live

Break-even rent $831

Max offer price $95,000

Occupancy floor 66%

Sensitivity live

Price	-10% $441	-5% $409	+0% $376	+5% $343	+10% $310
Rent	-10% $273	-5% $324	+0% $376	+5% $427	+10% $479
Rate	-1.0pp $424	-0.5pp $400	base $376	+0.5pp $351	+1.0pp $326

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-21
   days on market $95,000 Active 5 DOM
2. 2026-06-18
   days on market $95,000 Active 3 DOM
3. 2026-06-17
   days on market $95,000 Active 2 DOM
4. 2026-06-16
   listed $95,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,681
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$1,254
• − Management: −$1,254
• − Depreciation: −$2,764
• Taxable income: $3,187
• Est. tax owed @ 24.0%: −$765
• After-tax cash flow: $3,745/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: North Jackson
• NCES district ID: 2004830
• Math proficiency: 40% ▼ -5.00%
• Reading proficiency: 50% ▲ 2.00%
• Median HH income: $52,194
• Composite: 41.05/100
• National rank: #7452
• State rank: #28 of 280 in KS

Livability — Wetmore

• Score: 68/100
• State rank: #212
• US rank: #9476

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wetmore, KS
• Population (ZIP): 617

Population outlook (Nemaha County) Hauer SSP2

• Today (2025): 9,969 people
• By 2030: 9,845 · -1.2%
• By 2040: 9,623 · -3.5%
• By 2050: 9,276 · -7.0%
• By 2075: 9,073 · -9.0%
• By 2100: 7,479 · -25.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 7% Black 3% Hispanic / Latino 3% Native American 2%
• Common ancestry: Slovak 2% Hungarian 1% European 1%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Nemaha

• 2024 margin: Solid R (+67.0) · D 15.8% · R 82.8% · Other 1.4%
• 2008→2024 swing: -22.5pp toward R · 2008: -44.5pp · 2024: -67.0pp
• All cycles: 2024: R+67.0 2020: R+65.6 2016: R+66.7 2012: R+58.3 2008: R+44.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.04%
• Current HPI: 218.9619
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+18.8% since first listed

3 events — show timeline

• 2026-06-16 Listed $95,000 Sunflower MLS as distributed by MLS GRID
• 2021-09-26 Sold (MLS) — Sunflower MLS as distributed by MLS GRID
• 2020-11-03 Listed $80,000 Sunflower MLS as distributed by MLS GRID