1307 S Sterling Ave · Independence, MO 64052

$150,000

3 bd · 2.0 ba · 1,326 sqft · SingleFamily public records · 2 Days on market

Built 1920 0.40 ac lot Est $191k · 21% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.3/30.0
• Livability +4.1/5.0
• DSCR +4.0/10.0
• Rent growth +3.9/5.0
• 1% rule +3.8/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lots Of Cabinets * New Wiring, Paint, Carpet * This House Has Been Redone Top-To-Bottom * Has Lots Of Space For The Money * Roof-2.5 Years Old * Sq Ft Per Tax Rolls * Age Per Tax Rolls.

Key facts

• 0.4 acre lot
• 2 garage spots
• Built 1920

Property features AI

Exterior

• Parking: Attached and detached garage options; 2 garage spaces
• Utilities: Public water; Public sewer; Metro Free telecom
• Home design: Single family residence; Residential property; 1.5-story floor plan
• Construction: Concrete and stucco construction; Composition roof; Built over 100 years ago; Basement (full, concrete, with garage entrance)
• Exterior features: Patio; Property not in a flood plain; Lot approximately 0.4 acres

Interior

• Kitchen: Cooktop; Disposal; Microwave; Refrigerator
• Bedrooms: 5 bedrooms total; One main-level bedroom; Three second-level bedrooms; One basement bedroom
• Flooring: Carpet
• Bathrooms: 3 full bathrooms (located on first, second and basement levels)
• Heating & cooling: Natural gas heating; Electric cooling
• Interior features: Storm windows (partial); Eat-in and formal dining areas; Full concrete basement with garage entrance
• Laundry & utility: Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $1 ($16/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 $131k (12.4% below list).
• Recommended offer: $131k (12.4% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 5.0% in Independence — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: 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.
• Zoned schools: Sugar Creek Elem. (140 students, 83% FRL); Van Horn High (math 13% / reading 27%, grade F, #472 of 521 statewide, top 91%, 1,047 students, 72% FRL) — zoned schools average 77% FRL vs 58% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 20% at this address vs 32% district-wide (-12 pts) — the specific schools serving this property underperform the Independence 30 average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+5.4%/yr); 134 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Jackson County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 28y 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 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,385 (12.4% below list)

Questions for the listing agent

1. Built in 1920 — 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. 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: 6.30%
• Cash-on-cash: 0.04%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $190,944
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11100 E 11th St S	0.20mi	3/2.0	1,318 (-1%)	2mo	$190,000	$144	88
1306 Appleton Ave	0.21mi	3/1.0	1,306 (-2%)	2mo	$179,500	$137	81
1510 S Vermont Ave	0.29mi	3/2.0	1,237 (-7%)	2mo	$215,000	$174	74
11214 E 10th St S	0.31mi	3/2.0	1,247 (-6%)	2mo	$210,000	$168	74
1416 S Hardy Ave	0.54mi	3/2.0	1,328 (+0%)	6mo	$95,000	$72	70
1613 S Norwood Ave	0.45mi	2/1.0 (-1)	1,363 (+3%)	1mo	$160,000	$117	65
1509 S Maywood Ave	0.66mi	3/2.0	1,294 (-2%)	6mo	$190,000	$147	60
1103 S Crisp St	0.19mi	4/2.0 (+1)	1,500 (+13%)	6mo	$169,000	$113	59
10531 E 9th St S	0.49mi	3/2.0	1,175 (-11%)	2mo	$180,000	$153	56
1911 S Ralston Ave	0.72mi	3/2.0	1,379 (+4%)	7mo	$199,000	$144	54
644 S Lake Dr	0.69mi	3/2.0	1,500 (+13%)	1mo	$95,000	$63	45
10143 E Golf Ave	0.67mi	3/1.0	1,135 (-14%)	0mo	$119,900	$106	40

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 · 5.43% rent growth · sell at horizon

5-year hold

• IRR: -13.5%
• Equity multiple: 0.50×
• Total profit: $-20,912
• Equity at exit: $22,365

10-year hold

• IRR: -1.2%
• Equity multiple: 0.91×
• Total profit: $-3,830
• Equity at exit: $12,969

Cash invested: $42,000 (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 64052

• Home prices YoY: -34.6%
• Rents YoY: 5.4%
• Active inventory: 134
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,314 high
• Mortgage (P&I): −$787
• Tax est. 1.5%: −$188 /mo · $2,250/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $1

Break-even live

Break-even rent $1,312

Max offer price $150,000

Occupancy floor 95%

Sensitivity live

Price	-10% $105	-5% $53	+0% $1	+5% $-51	+10% $-102
Rent	-10% $-102	-5% $-51	+0% $1	+5% $53	+10% $105
Rate	-1.0pp $77	-0.5pp $39	base $1	+0.5pp $-38	+1.0pp $-77

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11418 E 13th St S Independence, MO	2.0	1.0	1760	$1,100	$0.62	45d	1	0.28mi
1425 S Northern Blvd Independence, MO	3.0	1.5	1275	$1,200	$0.94	9d	1	0.32mi
1109 S Appleton Ave Independence, MO	3.0	2.0	1200	$1,195	$1.00	17d	1	0.35mi
11616 E 16th St S Independence, MO	2.0	1.0	1016	$1,125	$1.11	45d	1	0.47mi
10522 E 10th St S Independence, MO	2.0	1.0	1020	$1,099	$1.08	25d	1	0.49mi
1810 S Vermont Ave Independence, MO	2.0	1.0	950	$948	$1.00	45d	1	0.55mi
10714 E 19th St S Independence, MO	2.0	1.0	1010	$895	$0.89	4d	1	0.65mi
11601 E US Highway 24 Apt DA Independence, MO	2.0	1.0	900	$1,400	$1.56	45d	1	0.66mi
11709 E Winner Rd Independence, MO	3.0	1.5	1300	$1,195	$0.92	17d	1	0.66mi
10817 E 19th Ter S Independence, MO	3.0	1.0	1428	$1,801	$1.26	17d	1	0.70mi
2110 S Sterling Ave Independence, MO	3.0	2.0	1722	$1,849	$1.07	17d	1	0.78mi
11323 E Thompson St Sugar Creek, MO	3.0	2.5	1794	$1,800	$1.00	13d	1	0.79mi
10104 E Golf Ave Independence, MO	3.0	2.0	1205	$1,395	$1.16	16d	1	0.83mi
523 S Crysler Ave Unit A Independence, MO	2.0	1.0	900	$650	$0.72	25d	1	0.86mi
2256 S Sterling Ave Independence, MO	3.0	1.5	1284	$1,399	$1.09	17d	1	0.89mi
10323 E 20th St S Independence, MO	3.0	1.0	936	$1,400	$1.50	45d	1	0.92mi
182 Novak St Sugar Creek, MO	3.0	2.0	1350	$1,800	$1.33	18d	1	0.93mi
11500 E Anderson St Independence, MO	3.0	2.0	1200	$1,599	$1.33	18d	1	0.99mi
724 S Grand Ave Independence, MO	2.0	2.0	1000	$1,149	$1.15	45d	1	1.09mi
9528 E Winner Rd Independence, MO	1.0–3.0	1.0	730	$1,099	$1.51	45d	1	1.11mi
1138 S Glenwood Ave Independence, MO	2.0	1.0	1180	$1,095	$0.93	21d	1	1.19mi
523 W Maple Ave Unit 2 A Independence, MO	3.0	2.0	964	$995	$1.03	45d	1	1.22mi
10622 E Scarritt Ave Sugar Creek, MO	4.0	1.0	1560	$1,445	$0.93	45d	1	1.27mi
554 S Arlington Ave Independence, MO	4.0	1.0	1161	$1,395	$1.20	16d	1	1.27mi
600 S Glenwood Ave Unit G-2 Independence, MO	3.0	2.0	1600	$1,650	$1.03	22d	1	1.31mi
600 S Glenwood Ave Unit G Independence, MO	4.0	2.0	1600	$1,675	$1.05	45d	1	1.32mi
1214 N Union St Independence, MO	2.0	1.0	912	$975	$1.07	45d	1	1.32mi
10604 E 26th St S Independence, MO	3.0	1.0	1068	$1,610	$1.51	9d	1	1.35mi
576 S Oxford Ave Independence, MO	3.0	2.0	1098	$1,400	$1.28	45d	1	1.39mi
1207 N McCoy St Independence, MO	3.0	2.0	972	$1,295	$1.33	9d	1	1.46mi

Listing history 2 events

1. 2026-06-15
   statusdays on market $150,000 Pending 2 DOM
2. 2026-06-13
   listed $150,000 Active 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 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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,766
• − Mortgage interest: −$8,402
• − Property taxes: −$2,250
• − Insurance: −$750
• − Repairs & maintenance: −$1,261
• − Management: −$1,261
• − Depreciation: −$4,364
• Taxable loss: −$2,522
• Est. tax savings @ 24.0%: +$605
• After-tax cash flow: $621/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): 22,138
• Household income: $59,007
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 965.0

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 0.56)
• Race & ethnicity: White 62% Hispanic / Latino 23% Two or more races 15% Black 7% Asian 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Italian 12% Slovak 2% Lithuanian 2%
• Foreign-born: 11% · Canada, China
• Languages at home: 85% English-only · Spanish 13% Other Asian/Pacific 1%

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: ▼ -160.06%
• Current HPI: 302.1124
• Rent YoY: ▲ 5.43%
• 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

+173.2% since first listed

6 events — show timeline

• 2026-06-12 Listed $150,000 Heartland MLS as Distributed by MLS Grid
• 2026-06-10 Coming Soon $150,000 Heartland MLS as Distributed by MLS Grid
• 1998-03-30 Sold (Public Records) — Public Records
• 1998-03-30 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 1998-01-22 Listed $54,900 Heartland MLS as Distributed by MLS Grid
• 1992-12-23 Sold (Public Records) — Public Records

Property tax history

-13.8%/yr

Latest (2025): $181 · +0.0% YoY. Source: county tax records.