For SaleExcellent Deal178 days on market
404 N 2nd St
404 N 2nd St, Arkansas City, KS 67005, Arkansas City, KS 67005
$115,000
Listing Price
404 N 2nd St, Arkansas City, KS 67005
Loc: Arkansas City, KS
Days Listed
178
Tax Assessed
$122k
Rent Estimate
$1,305/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Frances Willard Elementary School
PK-5
0.2 mi away
4
Arkansas City Middle School
6-8
1 mi away
2
Arkansas City High School
9-12
1.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Craftsmantwo-storysidingfront porchfenced yarddetachedvintagetraditionalresidentialwalkwayshingle rooflow-pitch roofcurb appeal
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 8/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.95%
Total ROI
131.7%
Cash Flow
$165/mo
DSCR
1.28
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $165/mo net cash flow with a 8.0% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.0%)
- • Strong rental demand in Arkansas City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,141.22 | $13,972 |
| 2024 | $2,107.4 | $12,799 |
| 2023 | $2,072 | $11,662 |
| 2022 | $1,879.16 | $10,053 |
| 2021 | $1,674.08 | $8,520 |
| 2020 | $0 | $8,520 |
| 2019 | $0 | $8,521 |
| 2018 | $0 | $7,579 |
| 2017 | $0 | $7,579 |
| 2016 | $0 | $7,619 |
| 2015 | $0 | $7,619 |
| 2014 | $0 | $7,619 |
| 2013 | $0 | $7,613 |
| 2010 | $0 | $7,613 |
| 2009 | $0 | $7,808 |
| 2008 | $0 | $7,475 |
| 2007 | $0 | $7,303 |
| 2006 | $0 | $7,445 |
| 2005 | $0 | $5,773 |
| 2004 | $0 | $5,387 |
| 2003 | $0 | $5,387 |
| 2002 | $0 | $5,271 |
| 2000 | $0 | $4,439 |
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