10126 Golf Ave · Independence, MO 64053

$149,900

3 bd · 1.5 ba · 1,102 sqft · SingleFamily public records · 18 Days on market

Built 1908 6,501 sqft lot Est $149k · at est.

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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 +16.5/30.0
• Appreciation +10.0/10.0
• ARV discount +7.2/15.0
• DSCR +5.1/10.0
• Livability +4.1/5.0
• 1% rule +3.5/10.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

This Beautiful 3 Bed 2 Bath home has gone a full remodel and is ready for a new owner! New kitchen w/ New cabinets and countertops and New appliances, New Bathrooms, New LVP flooring throughout, fresh paint, newer roof and HVAC! Finished area of basement even includes 4th non-confirming bedroom with large closet space and a full bathroom along with additional space to expand! Convenient location to all amenities and major highways. This would make a perfect starter home or great investment property to add to your portfolio! Don't miss this one!

Key facts

• New kitchen
• New cabinets
• Full remodel

Tags

• FULL REMODEL
• NEW KITCHEN
• NEW CABINETS
• NEW COUNTERTOPS
• NEW APPLIANCES
• NEW BATHROOMS

Property features AI

Finance

• Other: Living area approximately 1,602 total; Above-grade finished area reported as 1,102 (per public records); Below-grade finished area reported as 500 (per agent); Property age: 101+ years
• HOA & community: No association fee

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Ranch / 1.5-story floor plan; Residential property
• Construction: Frame construction with lap and wood siding; Composition roof
• Exterior features: City lot

Interior

• Bedrooms: 3 bedrooms on the main level
• Flooring: Luxury vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Electric cooling (has cooling)
• Interior features: Living/dining combo; Basement bedroom; Concrete basement
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $89 ($1k/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 $127k (15.1% below list).
• Recommended offer: $127k (15.1% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 5.0% in Independence — 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 82/100 on livability (#10 in MO, #1,296 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, employment D+, crime F.
• Independence 30 (suburban): math 26% / reading 38% proficiency, ranked #252 of 324 in MO (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 46 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).
• This rent runs 32% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• Jackson County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 25y 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.

Risks & watch-outs

• Watch-outs: built in 1908 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $127,205 (15.1% below list)

Questions for the listing agent

1. Built in 1908 — 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. 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: 0.85% ✗
• Cap rate: 7.01%
• Cash-on-cash: 2.54%
• DSCR: 1.11
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $148,770
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10143 E Golf Ave	0.07mi	3/1.0	1,135 (+3%)	0mo	$119,900	$106	90
823 S Huttig Ave	0.08mi	3/2.0	1,052 (-4%)	2mo	$76,000	$72	85
1515 S Home Ave	0.48mi	3/1.5	1,104 (+0%)	0mo	$150,000	$136	77
10531 E 9th St S	0.29mi	3/2.0	1,175 (+7%)	2mo	$180,000	$153	72
705 S Hawthorne Ave	0.29mi	2/1.0 (-1)	1,178 (+7%)	2mo	$159,000	$135	66
536 S Evanston Ave	0.54mi	3/1.0	1,144 (+4%)	0mo	$140,000	$122	66
1600 S Ralston Ave	0.61mi	3/1.0	1,025 (-7%)	2mo	$150,000	$146	56
826 S Arlington Ave	0.37mi	2/1.5 (-1)	968 (-12%)	3mo	$175,000	$181	55
534 S Evanston Ave	0.54mi	4/1.0 (+1)	1,176 (+7%)	3mo	$129,900	$110	54
578 S Oxford Ave	0.65mi	3/1.0	990 (-10%)	2mo	$89,000	$90	49
809 S Carlisle Ave	0.51mi	2/1.0 (-1)	950 (-14%)	2mo	$180,000	$189	45
566 S Overton Ave	0.47mi	2/1.0 (-1)	940 (-15%)	3mo	$90,000	$96	44

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.1%
• Equity multiple: 3.08×
• Total profit: $87,252
• Equity at exit: $135,042

10-year hold

• IRR: 22.9%
• Equity multiple: 7.01×
• Total profit: $252,379
• Equity at exit: $291,223

Cash invested: $41,972 (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 64053

• Home prices YoY: 17.9%
• Active inventory: 46
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,272 high
• Mortgage (P&I): −$786
• Tax from tax record: −$67 /mo · $809/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $89

Break-even live

Break-even rent $1,159

Max offer price $149,900

Occupancy floor 88%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10104 E Golf Ave Independence, MO	3.0	2.0	1205	$1,395	$1.16	15d	1	0.09mi
10522 E 10th St S Independence, MO	2.0	1.0	1020	$1,099	$1.08	23d	1	0.27mi
10561 E Lake Dr Independence, MO	2.0	1.0	800	$1,000	$1.25	44d	1	0.32mi
9528 E Winner Rd Independence, MO	1.0–3.0	1.0	730	$1,099	$1.51	44d	1	0.39mi
1109 S Appleton Ave Independence, MO	3.0	2.0	1200	$1,195	$1.00	16d	1	0.40mi
1138 S Glenwood Ave Independence, MO	2.0	1.0	1180	$1,095	$0.93	20d	1	0.49mi
554 S Arlington Ave Independence, MO	4.0	1.0	1161	$1,395	$1.20	15d	1	0.57mi
600 S Glenwood Ave Unit F Independence, MO	2.0	1.0	750	$995	$1.33	20d	1	0.58mi
1425 S Northern Blvd Independence, MO	3.0	1.5	1275	$1,200	$0.94	7d	1	0.60mi
1712 S Ash Ave Independence, MO	2.0	1.0	800	$945	$1.18	44d	1	0.63mi
1712 S Ash Ave Unit 1714-3 Independence, MO	2.0	1.0	700	$895	$1.28	23d	1	0.63mi
576 S Oxford Ave Independence, MO	3.0	2.0	1098	$1,400	$1.28	44d	1	0.66mi
1704 S Brookside Ave Independence, MO	4.0	1.0	834	$1,450	$1.74	15d	1	0.81mi
10714 E 19th St S Independence, MO	2.0	1.0	1010	$895	$0.89	3d	1	0.90mi
100 S Oxford Ave Independence, MO	3.0	2.0	1141	$1,425	$1.25	44d	1	0.98mi
10323 E 20th St S Independence, MO	3.0	1.0	936	$1,400	$1.50	44d	1	0.99mi
10817 E 19th Ter S Independence, MO	3.0	1.0	1428	$1,801	$1.26	16d	1	1.04mi
11601 E US Highway 24 Apt DA Independence, MO	2.0	1.0	900	$1,400	$1.56	44d	1	1.09mi
2222 S Overton Ave Independence, MO	2.0	1.0	800	$1,025	$1.28	21d	1	1.16mi
1810 S Vermont Ave Independence, MO	2.0	1.0	950	$948	$1.00	44d	1	1.16mi
11500 E Anderson St Independence, MO	3.0	2.0	1200	$1,599	$1.33	17d	1	1.18mi
11616 E 16th St S Independence, MO	2.0	1.0	1016	$1,125	$1.11	44d	1	1.21mi
182 Novak St Sugar Creek, MO	3.0	2.0	1350	$1,800	$1.33	17d	1	1.24mi
8705 E Smart Ave Independence, MO	2.0	1.0	750	$1,000	$1.33	44d	1	1.28mi
2256 S Sterling Ave Independence, MO	3.0	1.5	1284	$1,399	$1.09	16d	1	1.31mi
11709 E Winner Rd Independence, MO	3.0	1.5	1300	$1,195	$0.92	16d	1	1.36mi
2503 S Crescent Ave Independence, MO	2.0	2.0	864	$1,295	$1.50	16d	1	1.42mi

Listing history 18 events

1. 2026-04-18
   status Pending
2. 2026-04-10
   price $149,900
3. 2026-03-31
   listed $155,000 Active
4. 2015-07-31
   soldstatus
5. 2009-02-10
   soldstatus
6. 2008-10-22
   listed $29,990
7. 2008-08-20
   historical
8. 2008-05-28
   listed $84,900
9. 2006-05-02
   soldstatus
10. 2006-04-27
    soldstatus
11. 2006-01-16
    listed $74,950
12. 2001-12-19
    soldstatus
13. 2001-12-14
    soldstatus
14. 2001-10-08
    listed $62,500
15. 2001-04-11
    soldstatus
16. 2001-04-10
    soldstatus
17. 2001-03-03
    listed $37,500
18. 1992-06-03
    soldstatus

ⓘ 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: $809 · $67/mo
• Projected year-2 tax: $1,454 · $121/mo
• Expected delta: +$645/yr (+$54/mo · 79.8%)

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,265
• − Mortgage interest: −$8,397
• − Property taxes: −$809
• − Insurance: −$750
• − Repairs & maintenance: −$1,221
• − Management: −$1,221
• − Depreciation: −$4,361
• Taxable loss: −$1,493
• Est. tax savings @ 24.0%: +$358
• After-tax cash flow: $1,426/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: Independence 30
• NCES district ID: 2915480
• Math proficiency: 26% ▼ -8.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $41,843
• Composite: 27.04/100
• National rank: #7054
• State rank: #252 of 324 in MO

Livability — Independence

• Score: 82/100
• State rank: #10
• US rank: #1296

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Independence, MO
• County: Jackson County · 687,798 people
• City population: 117,675
• Metro: Kansas City, MO-KS
• Population (ZIP): 6,775
• Household income: $47,285
• Rent vs Own: 47.3% rent · 52.7% own
• Severe rent burden: 330.0

Population outlook (Jackson County) Hauer SSP2

• Today (2025): 719,589 people
• By 2030: 731,456 · +1.6%
• By 2040: 746,689 · +3.8%
• By 2050: 749,289 · +4.1%
• By 2075: 736,227 · +2.3%
• By 2100: 668,210 · -7.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 59% Hispanic / Latino 28% Two or more races 14% Black 9% Native American 3%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Italian 12% Lithuanian 3% Slovak 1%
• Foreign-born: 12% · Canada, China
• Languages at home: 78% English-only · Spanish 21%

Political lean MEDSL · Jackson

• 2024 margin: D (+19.3) · D 58.9% · R 39.5% · Other 1.6%
• 2008→2024 swing: -6.1pp toward R · 2008: 25.4pp · 2024: 19.3pp
• All cycles: 2024: D+19.3 2020: D+22.0 2016: D+16.6 2012: D+19.0 2008: D+25.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 52.69%
• Current HPI: 347.9512
• Rent YoY: —
• 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

+299.7% since first listed

18 events — show timeline

• 2026-04-18 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-04-10 Price Changed $149,900 Heartland MLS as Distributed by MLS Grid
• 2026-03-31 Listed $155,000 Heartland MLS as Distributed by MLS Grid
• 2015-07-31 Sold (Public Records) — Public Records
• 2009-02-10 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2008-10-22 Listed $29,990 Heartland MLS as Distributed by MLS Grid
• 2008-08-20 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2008-05-28 Listed $84,900 Heartland MLS as Distributed by MLS Grid
• 2006-05-02 Sold (Public Records) — Public Records
• 2006-04-27 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2006-01-16 Listed $74,950 Heartland MLS as Distributed by MLS Grid
• 2001-12-19 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2001-12-14 Sold (Public Records) — Public Records
• 2001-10-08 Listed $62,500 Heartland MLS as Distributed by MLS Grid
• 2001-04-11 Sold (Public Records) — Public Records
• 2001-04-10 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2001-03-03 Listed $37,500 Heartland MLS as Distributed by MLS Grid
• 1992-06-03 Sold (Public Records) — Public Records

Property tax history

+9.4%/yr

Latest (2025): $809 · -14.7% YoY. Source: county tax records.