8916 NE 114th Ter · Kansas City, MO 64157

$268,800

3 bd · 2.0 ba · 1,080 sqft · SingleFamily public records · 51 Days on market

Built 2003 Good condition 9,000 sqft lot $249/sqft · 18% above area Est $328k · 18% under

---

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 +17.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.5/10.0
• Rent growth +4.9/5.0
• Schools +4.5/10.0
• 1% rule +4.4/10.0
• Condition / age +4.0/5.0
• Livability +3.9/5.0
• Appreciation +0.0/10.0

Listing remarks

The list price is not indicative of seller's final reserve amount. This property is part of an online bidding event. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed. Duration May 17, 2026 7:00 AM - May 19, 2026 CDT

Key facts

• 9,000 sq ft lot
• 2 garage spots
• Built 2003

Property features AI

Finance

• Other: Not in a flood plain
• HOA & community: No association fees

Exterior

• Parking: Attached garage facing front; 2-car garage
• Utilities: Public water; Public sewer; Cable available; High-speed internet available
• Home design: Single-family residence; Side/side split / tri-level floor plan; Residential property
• Construction: Stone veneer and wood siding; Composition roof; Basement (concrete foundation)
• Exterior features: Wood fencing; In-ground sprinkler system; City lot

Interior

• Kitchen: Breakfast area
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Electric cooling (central)
• Interior features: Ceiling fans; Stained cabinets; Vaulted ceilings; Walk-in closets; Daylight, finished basement with radon mitigation; Fireplace in the living room
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $269k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $208 ($2k/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 $253k (6.0% below list).
• Recommended offer: $253k (6.0% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 3.9% 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 78/100 on livability (#28 in MO, #2,671 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
• Liberty 53 (suburban): math 41% / reading 59% proficiency, ranked #24 of 324 in MO (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 15% free/reduced lunch — higher-income household profile.
• Zoned schools: Warren Hills Elem. (math 48% / reading 60%, grade C, #215 of 1,115 statewide, top 20%, 603 students, 20% FRL); Liberty North High School (math 25% / reading 75%, grade D+, #116 of 521 statewide, top 22%, 2,326 students, 18% FRL) — zoned schools at 19% FRL track the district average.
• Market conditions: Rents rising fast (+9.5%/yr); 241 active listings in the ZIP; high-income renter base; 341 units permitted in Clay County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Clay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $75k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($261k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 21y ago; this cycle's ask is 26879900% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Recommended offer $252,555 (6.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.94% ✗
• Cap rate: 7.22%
• Cash-on-cash: 3.32%
• DSCR: 1.15
• GRM: 8.9

CMA / ARV

• ARV (median comp): $327,890
• List price: $268,800
• Delta: -18.02%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11433 N Tennessee Ave	0.07mi	3/2.0	1,181 (+9%)	6mo	$294,900	$250	76
9270 NE 112th St	0.38mi	3/1.0	1,116 (+3%)	8mo	$545,000	$488	66
9103 NE 116th Pl	0.30mi	3/2.0	1,192 (+10%)	7mo	$315,000	$264	63
11009 N Lewis Ave	0.64mi	3/2.0	1,150 (+6%)	9mo	$145,000	$126	52
8304 NE 115th St	0.60mi	3/2.5	1,219 (+13%)	12mo	$300,000	$246	38

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

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.77×
• Total profit: $-16,959
• Equity at exit: $40,079

10-year hold

• IRR: 9.0%
• Equity multiple: 1.84×
• Total profit: $63,028
• Equity at exit: $23,241

Cash invested: $75,264 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 64157

• Home prices YoY: -18.1%
• Rents YoY: 9.5%
• Active inventory: 241
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,526 medium
• Mortgage (P&I): −$1,410
• Tax from tax record: −$265 /mo · $3,185/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$530
• Net cashflow: $208

Break-even live

Break-even rent $2,262

Max offer price $268,800

Occupancy floor 87%

Sensitivity live

Price	-10% $360	-5% $284	+0% $208	+5% $132	+10% $56
Rent	-10% $9	-5% $108	+0% $208	+5% $308	+10% $408
Rate	-1.0pp $344	-0.5pp $277	base $208	+0.5pp $138	+1.0pp $68

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: $67,200
• Closing costs: $8,064
• Reserves months: —
• Total cash needed: —

Listing history 39 events

1. 2026-06-13
   pricestatusdays on market $268,800 Pending 51 DOM
2. 2026-06-09
   days on market $1 Active Under Contract 48 DOM
3. 2026-06-08
   days on market $1 Active Under Contract 47 DOM
4. 2026-06-07
   days on market $1 Active Under Contract 46 DOM
5. 2026-06-03
   days on market $1 Active Under Contract 42 DOM
6. 2026-06-02
   days on market $1 Active Under Contract 41 DOM
7. 2026-06-01
   days on market $1 Active Under Contract 40 DOM
8. 2026-05-31
   days on market $1 Active Under Contract 39 DOM
9. 2026-05-16
   status Active 312-char remark
10. 2026-05-13
    historical Active Under Contract 312-char remark
11. 2026-04-22
    listed $1 Active 312-char remark
12. 2024-10-20
    historical
13. 2024-10-02
    historical Active Under Contract
14. 2024-09-19
    listed $315,000 Active
15. 2024-09-18
    historical
16. 2024-09-17
    price $315,000
17. 2024-09-17
    status Active
18. 2024-09-04
    historical Active Under Contract
19. 2024-08-30
    price $299,900
20. 2024-08-30
    price $305,000
21. 2024-06-11
    listed $310,000 Active
22. 2024-06-10
    historical
23. 2024-05-15
    listed $319,900 Active
24. 2024-05-15
    historical
25. 2024-04-26
    price $320,000
26. 2024-04-10
    listed $325,000 Active
27. 2023-04-14
    soldstatus
28. 2023-04-13
    soldstatus Closed
29. 2023-03-21
    status Pending
30. 2023-03-16
    listed $280,000 Active
31. 2019-01-29
    soldstatus
32. 2019-01-28
    soldstatus Sold
33. 2019-01-04
    status Pending
34. 2018-12-16
    historical Contingent - Accepting Backup Offers
35. 2018-11-16
    price $185,000
36. 2018-11-08
    listed $189,950 Active
37. 2005-08-24
    soldstatus
38. 2005-08-19
    soldstatus
39. 2005-07-07
    listed $154,900

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

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $3,185 · $265/mo
• Projected year-2 tax: $3,185 · $265/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 4/10 Moderate 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,307
• − Mortgage interest: −$15,057
• − Property taxes: −$3,185
• − Insurance: −$1,344
• − Repairs & maintenance: −$2,425
• − Management: −$2,425
• − Depreciation: −$7,820
• Taxable loss: −$1,948
• Est. tax savings @ 24.0%: +$468
• After-tax cash flow: $2,965/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.

Condition & rehab AI · 15 photos

Good 80/100 Cosmetic rehab

This home is in good condition with a good exterior and interior. It has some minor repairs and maintenance needs, but overall it is a good investment opportunity.

Repairs flagged

• Minor garage flooring — The flooring in the garage appears to be in average condition with some wear.
• Minor landscaping — The landscaping and curb appeal appear to be in good condition with well-maintained grass and shrubs.

Value-add opportunities

• Resale paint exterior — Painting the exterior can enhance the curb appeal and make the home look more inviting.
• Resale paint interior walls — Painting the interior walls can make the home look more inviting and fresh.
• Rental landscaping — Well-maintained landscaping can attract more renters and make the home more appealing to potential tenants.

Renovation cost estimate screening

Repair item	Severity	Est. cost
garage flooring · The flooring in the garage appears to be in average condition with some wear.	Minor	$500–3,000
landscaping · The landscaping and curb appeal appear to be in good condition with well-maintained grass and shrubs.	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Resale paint exterior — Painting the exterior can enhance the curb appeal and make the home look more inviting. ↑
• Resale paint interior walls — Painting the interior walls can make the home look more inviting and fresh. ↑
• Rental landscaping — Well-maintained landscaping can attract more renters and make the home more appealing to potential tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Liberty 53
• NCES district ID: 2918540
• Math proficiency: 41% ▼ -9.00%
• Reading proficiency: 59% ▼ -3.00%
• Median HH income: $78,226
• Composite: 45.41/100
• National rank: #2624
• State rank: #24 of 324 in MO

Livability — Kansas City

• Score: 78/100
• State rank: #28
• US rank: #2671

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kansas City, MO
• County: Clay County · 220,651 people
• City population: 439,467
• Metro: Kansas City, MO-KS
• Population (ZIP): 23,030
• Household income: $149,526
• Rent vs Own: 9.1% rent · 90.9% own
• Severe rent burden: 87.0

Population outlook (Clay County) Hauer SSP2

• Today (2025): 266,022 people
• By 2030: 280,057 · +5.3%
• By 2040: 306,153 · +15.1%
• By 2050: 328,630 · +23.5%
• By 2075: 375,182 · +41.0%
• By 2100: 392,861 · +47.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Asian 7% Two or more races 6% Hispanic / Latino 5% Black 3%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 6% · Canada, Vietnam, China
• Languages at home: 92% English-only · Spanish 3% Other Asian/Pacific 2% Vietnamese 1%

Political lean MEDSL · Clay

• 2024 margin: Lean R (+5.6) · D 46.4% · R 52.0% · Other 1.6%
• 2008→2024 swing: -4.9pp toward R · 2008: -0.7pp · 2024: -5.6pp
• All cycles: 2024: R+5.6 2020: R+4.1 2016: R+11.1 2012: R+8.4 2008: R+0.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -43.38%
• Current HPI: 195.9921
• Rent YoY: ▲ 9.50%
• Metro: Kansas City, MO-KS
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+73.5% since first listed

35 events — show timeline

• 2026-06-16 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2026-06-12 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-06-11 Price Changed $268,800 Heartland MLS as Distributed by MLS Grid
• 2026-05-19 Contingent — Heartland MLS as Distributed by MLS Grid
• 2026-05-16 Relisted — Heartland MLS as Distributed by MLS Grid
• 2026-05-13 Contingent — Heartland MLS as Distributed by MLS Grid
• 2026-04-22 Listed $1 Heartland MLS as Distributed by MLS Grid
• 2024-10-20 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2024-10-02 Contingent — Heartland MLS as Distributed by MLS Grid
• 2024-09-19 Listed $315,000 Heartland MLS as Distributed by MLS Grid
• 2024-09-18 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2024-09-17 Price Changed $315,000 Heartland MLS as Distributed by MLS Grid
• 2024-09-17 Relisted — Heartland MLS as Distributed by MLS Grid
• 2024-09-04 Contingent — Heartland MLS as Distributed by MLS Grid
• 2024-08-30 Price Changed $299,900 Heartland MLS as Distributed by MLS Grid
• 2024-08-30 Price Changed $305,000 Heartland MLS as Distributed by MLS Grid
• 2024-06-11 Listed $310,000 Heartland MLS as Distributed by MLS Grid
• 2024-06-10 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2024-05-15 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2024-05-15 Listed $319,900 Heartland MLS as Distributed by MLS Grid
• 2024-04-26 Price Changed $320,000 Heartland MLS as Distributed by MLS Grid
• 2024-04-10 Listed $325,000 Heartland MLS as Distributed by MLS Grid
• 2023-04-14 Sold (Public Records) — Public Records
• 2023-04-13 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2023-03-21 Pending — Heartland MLS as Distributed by MLS Grid
• 2023-03-16 Listed $280,000 Heartland MLS as Distributed by MLS Grid
• 2019-01-29 Sold (Public Records) — Public Records
• 2019-01-28 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2019-01-04 Pending — Heartland MLS as Distributed by MLS Grid
• 2018-12-16 Contingent — Heartland MLS as Distributed by MLS Grid
• 2018-11-16 Price Changed $185,000 Heartland MLS as Distributed by MLS Grid
• 2018-11-08 Listed $189,950 Heartland MLS as Distributed by MLS Grid
• 2005-08-24 Sold (Public Records) — Public Records
• 2005-08-19 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2005-07-07 Listed $154,900 Heartland MLS as Distributed by MLS Grid

Property tax history

+4.0%/yr

Latest (2025): $3,185 · +8.8% YoY. Source: county tax records.