503 N 11th St · Fredonia, KS 66736

$99,900

3 bd · 1.0 ba · 1,357 sqft · SingleFamily public records · 96 Days on market

Built 1920 10,553 sqft lot Est $84k · 19% over

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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 +22.6/30.0
• DSCR +7.2/10.0
• 1% rule +5.9/10.0
• Appreciation +4.4/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.0/15.0

Key facts

• Freshly painted
• Appliances included
• Updated kitchen

Tags

• LARGE CORNER
• COZY COVERED FRONT PORCH
• FRESHLY PAINTED
• UPDATED KITCHEN
• WALK IN CLOSET
• APPLIANCES INCLUDED

Property features AI

Finance

• HOA & community: Association fee charged annually

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; 1.5-story layout
• Construction: Frame construction; Composition roof; Crawl space basement; Home is 101+ years old
• Exterior features: Lot approximately 10,553 sq ft (about 61 x 173)

Interior

• Kitchen: Refrigerator; Gas range
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Electric cooling (central)
• Interior features: Refrigerator; Gas range
• Laundry & utility: Laundry on main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $169 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $91k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#155 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, amenities F, commute F.
• Fredonia (rural): math 19% / reading 30% proficiency, ranked #147 of 169 in KS (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Lincoln Elementary (math 27% / reading 32%, grade F, #463 of 684 statewide, top 73%, 286 students, 60% FRL); Fredonia Jr./Sr. High School (math 8% / reading 22%, grade F, #260 of 327 statewide, top 81%, 293 students, 54% FRL).
• Market conditions: 18 active listings in the ZIP; 16 units permitted in Wilson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.1%/yr); year-one equity from $691 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Wilson County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-1.1% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 96 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $20k; list at $100k implies a 400% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,909 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 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 1920 — 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 D 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: 1.09% ✓
• Cap rate: 8.33%
• Cash-on-cash: 7.26%
• DSCR: 1.32
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $84,134
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
330 N 13th St	0.22mi	3/1.0	1,463 (+8%)	2mo	$90,000	$62	74
424 N 14th St	0.26mi	4/1.5 (+1)	1,403 (+3%)	12mo	$45,000	$32	65
1317 Butin Dr	0.55mi	3/2.0	1,371 (+1%)	6mo	$160,000	$117	63
900 N 14th St	0.39mi	3/2.0	1,400 (+3%)	14mo	$165,000	$118	61
1319 Madison St	0.23mi	2/1.0 (-1)	1,457 (+7%)	13mo	$85,000	$58	61
214 N 8th St	0.31mi	4/2.0 (+1)	1,469 (+8%)	3mo	$110,000	$75	60
302 N 12th St	0.20mi	3/1.0	1,236 (-9%)	19mo	$45,000	$36	60
108 N 11th St	0.34mi	2/1.0 (-1)	1,389 (+2%)	21mo	$85,000	$61	58
226 N 12th St	0.24mi	3/2.0	1,242 (-8%)	18mo	$134,999	$109	56
309 N 14th St	0.28mi	2/1.0 (-1)	1,220 (-10%)	14mo	$15,000	$12	54
302 S 7th St	0.61mi	3/1.0	1,300 (-4%)	14mo	$92,000	$71	53
617 Adams St	0.43mi	3/2.0	1,560 (+15%)	9mo	$30,000	$19	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.11% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.3%
• Equity multiple: 1.10×
• Total profit: $2,785
• Equity at exit: $23,592

10-year hold

• IRR: 8.9%
• Equity multiple: 1.86×
• Total profit: $24,009
• Equity at exit: $24,330

Cash invested: $27,972 (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 66736

• Home prices YoY: -0.7%
• Active inventory: 18
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,088 medium
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,498/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $169

Break-even live

Break-even rent $874

Max offer price $99,900

Occupancy floor 79%

Sensitivity live

Price	-10% $238	-5% $204	+0% $169	+5% $135	+10% $100
Rent	-10% $83	-5% $126	+0% $169	+5% $212	+10% $255
Rate	-1.0pp $220	-0.5pp $195	base $169	+0.5pp $143	+1.0pp $117

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-21
   days on market $99,900 Active 96 DOM
2. 2026-06-21
   days on market $99,900 Active 95 DOM
3. 2026-06-18
   days on market $99,900 Active 93 DOM
4. 2026-06-17
   days on market $99,900 Active 92 DOM
5. 2026-06-16
   days on market $99,900 Active 91 DOM
6. 2026-06-15
   days on market $99,900 Active 90 DOM
7. 2026-06-13
   days on market $99,900 Active 88 DOM
8. 2026-06-12
   days on market $99,900 Active 87 DOM
9. 2026-06-09
   days on market $99,900 Active 84 DOM
10. 2026-06-08
    days on market $99,900 Active 83 DOM
11. 2026-06-07
    days on market $99,900 Active 82 DOM
12. 2026-06-05
    days on market $99,900 Active 80 DOM
13. 2026-06-04
    days on market $99,900 Active 78 DOM
14. 2026-06-02
    days on market $99,900 Active 77 DOM
15. 2026-06-01
    days on market $99,900 Active 76 DOM
16. 2026-05-31
    days on market $99,900 Active 75 DOM
17. 2026-05-31
    days on market $99,900 Active 74 DOM
18. 2026-04-07
    price $115,000
19. 2026-03-17
    listed $125,000 Active
20. 2006-12-01
    soldstatus $20,000
21. 2003-08-01
    soldstatus $31,000
22. 1993-01-01
    soldstatus $18,000

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,058
• − Mortgage interest: −$5,596
• − Property taxes: −$1,498
• − Insurance: −$500
• − Repairs & maintenance: −$1,045
• − Management: −$1,045
• − Depreciation: −$2,906
• Taxable income: $469
• Est. tax owed @ 24.0%: −$113
• After-tax cash flow: $1,919/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: Fredonia
• NCES district ID: 2006270
• Math proficiency: 19% ▲ 7.00%
• Reading proficiency: 30% ▲ 11.00%
• Median HH income: $36,652
• Composite: 20.33/100
• National rank: #8609
• State rank: #147 of 169 in KS

Livability — Fredonia

• Score: 70/100
• State rank: #155
• US rank: #7426

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fredonia, KS
• Population (ZIP): 3,517

Population outlook (Wilson County) Hauer SSP2

• Today (2025): 7,872 people
• By 2030: 7,383 · -6.2%
• By 2040: 6,533 · -17.0%
• By 2050: 5,923 · -24.8%
• By 2075: 5,134 · -34.8%
• By 2100: 4,788 · -39.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Italian 2% Iranian 2% Slovak 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Wilson

• 2024 margin: Solid R (+62.4) · D 18.0% · R 80.3% · Other 1.7%
• 2008→2024 swing: -21.6pp toward R · 2008: -40.8pp · 2024: -62.4pp
• All cycles: 2024: R+62.4 2020: R+61.5 2016: R+63.1 2012: R+54.0 2008: R+40.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.11%
• Current HPI: 153.1194
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+538.9% since first listed

5 events — show timeline

• 2026-04-07 Price Changed $115,000 Heartland MLS as Distributed by MLS Grid
• 2026-03-17 Listed $125,000 Heartland MLS as Distributed by MLS Grid
• 2006-12-01 Sold (Public Records) $20,000 Public Records
• 2003-08-01 Sold (Public Records) $31,000 Public Records
• 1993-01-01 Sold (Public Records) $18,000 Public Records