914 N 11th St · Neodesha, KS 66757

$95,000

2 bd · 1.0 ba · 755 sqft · SingleFamily public records · 1 Days on market

Built 1925 0.41 ac lot

---

Why this score? — see what drove the D 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 +13.6/30.0
• ARV discount +7.5/15.0
• Appreciation +4.8/10.0
• DSCR +4.1/10.0
• 1% rule +3.8/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Key facts

• 0.41 acre lot
• Garage
• Built 1925

Property features AI

Finance

• Other: Living area reported as 755 (above grade finished area)

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water
• Home design: Single-family residence; Residential property type
• Construction: Frame construction; Composition roof; About 101+ years old
• Exterior features: Lot approximately 0.41 acres; Not in a flood plain; Directions: Heading east on Hwy 75 (Main Street) turn north on 11th Street; home on the east side of the road

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Electric cooling (central)
• Interior features: Bungalow floor plan; Crawl space basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $5 ($60/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 $84k (11.9% below list).
• Recommended offer: $84k (11.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#196 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: employment D+, amenities F, commute F.
• Neodesha (town): math 25% / reading 30% proficiency, ranked #121 of 169 in KS (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Heller Elem (math 54% / reading 44%, grade D, #165 of 684 statewide, top 28%, 257 students, 69% FRL); North Lawn Elem (math 22% / reading 37%, grade F, #463 of 684 statewide, top 73%, 178 students, 64% FRL); Neodesha High (math 17% / reading 17%, grade F, #235 of 327 statewide, top 74%, 341 students, 55% FRL) — zoned schools average 63% FRL vs 46% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 22 active listings in the ZIP; 16 units permitted in Wilson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $264 of equity ($657 loan paydown + $-393 appreciation (-0.4% local appreciation)).
• Wilson County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1925 — 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 $83,741 (11.9% below list)

Questions for the listing agent

1. Built in 1925 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.88% ✗
• Cap rate: 6.36%
• Cash-on-cash: 0.23%
• DSCR: 1.01
• GRM: 9.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.41% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.84×
• Total profit: $-4,279
• Equity at exit: $25,635

10-year hold

• IRR: 2.6%
• Equity multiple: 1.27×
• Total profit: $7,168
• Equity at exit: $29,298

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 66757

• Home prices YoY: -0.3%
• Active inventory: 22
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $837 medium
• Mortgage (P&I): −$498
• Tax est. 1.5%: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$176
• Net cashflow: $5

Break-even live

Break-even rent $831

Max offer price $95,000

Occupancy floor 94%

Sensitivity live

Price	-10% $71	-5% $38	+0% $5	+5% $-28	+10% $-61
Rent	-10% $-61	-5% $-28	+0% $5	+5% $38	+10% $71
Rate	-1.0pp $53	-0.5pp $29	base $5	+0.5pp $-20	+1.0pp $-45

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 9 events

1. 2026-06-21
   statusdays on market $95,000 Active 1 DOM
2. 2026-06-21
   days on market $95,000 Coming Soon 12 DOM
3. 2026-06-18
   days on market $95,000 Coming Soon 10 DOM
4. 2026-06-17
   days on market $95,000 Coming Soon 9 DOM
5. 2026-06-16
   days on market $95,000 Coming Soon 8 DOM
6. 2026-06-15
   days on market $95,000 Coming Soon 7 DOM
7. 2026-06-13
   days on market $95,000 Coming Soon 5 DOM
8. 2026-06-12
   days on market $95,000 Coming Soon 4 DOM
9. 2026-06-09
   listed $95,000 Coming Soon 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 5/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $10,049
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$804
• − Management: −$804
• − Depreciation: −$2,764
• Taxable loss: −$1,544
• Est. tax savings @ 24.0%: +$371
• After-tax cash flow: $431/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: Neodesha
• NCES district ID: 2009900
• Math proficiency: 25% ▼ -6.00%
• Reading proficiency: 30% ▼ -4.00%
• Median HH income: $43,989
• Composite: 23.54/100
• National rank: #7863
• State rank: #121 of 169 in KS

Livability — Neodesha

• Score: 69/100
• State rank: #196
• US rank: #8894

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Neodesha, KS
• Population (ZIP): 3,225

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 (89%)
• Race & ethnicity: White 89% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Italian 7% Lithuanian 1% Slovak 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

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: ▼ -0.41%
• Current HPI: 131.4107
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-06-09 Coming Soon $95,000 Heartland MLS as Distributed by MLS Grid