2314 E 59th St · Kansas City, MO 64130

$130,808

2 bd · 1.0 ba · 784 sqft · SingleFamily public records · 89 Days on market

Built 1920 3,507 sqft lot $167/sqft · 47% above area Est $92k · 43% over

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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).

• Cash flow +20.4/30.0
• DSCR +6.5/10.0
• 1% rule +4.2/10.0
• Livability +3.9/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home has been cherished by the same family for many generations, and it's ready for its next chapter! As you approach, you'll immediately appreciate the tranquility of the screened-in covered porch, inviting you to relax and take in the surroundings. The exterior has maintenance-free siding for easy cleaning. Step inside, and you'll be greeted by the original hardwood floors in most rooms, that exude warmth and character in the formal living & dining room. It has two-bedrooms, one-full-bath residence boasts a spacious kitchen, complete with newer deck access - perfect for those outdoor gatherings. The kitchen also leads to the basement, which offers the potential for a recreation room, adding even more functionality to this already versatile home. Recent upgrades include a 2–3-year young roof and deck, offering peace of mind for years to come. The central air appears to be in great condition as well. Located within walking distance of the bus line and close to major highways, this property offers a prime location for commuters. Don't miss the opportunity to transform this diamond in the rough into your dream home!

Key facts

• 3,507 sq ft lot
• Built 1920
• Listed 89 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $131k.

Deal economics

• At list price, monthly cash flow is $171 ($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 $120k (7.9% below list).
• Recommended offer: $120k (7.9% below list) — sets the bar for 1% rule.
• Cap rate 7.9% 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: schools C-, crime F.
• Kansas City 33 (urban): math 12% / reading 24% proficiency, ranked #308 of 324 in MO (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.4%/yr); 187 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).
• This rent runs 34% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $904 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

• It's been on market 89 days — a 6% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $120,450 (7.9% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.92% ✗
• Cap rate: 7.86%
• Cash-on-cash: 5.59%
• DSCR: 1.25
• GRM: 9.0

CMA / ARV

• ARV (median comp): $91,748
• List price: $130,808
• Delta: 42.57%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5623 Brooklyn Ave	0.31mi	2/1.0	802 (+2%)	2mo	$55,000	$69	80
6019 Chestnut Ave	0.33mi	2/1.0	800 (+2%)	12mo	$45,000	$56	71
2907 E 61st St	0.44mi	2/1.0	744 (-5%)	7mo	$67,500	$91	65
5716 Park Ave	0.19mi	3/1.0 (+1)	856 (+9%)	7mo	$89,000	$104	65
5923 Walrond Ave	0.53mi	2/1.0	812 (+4%)	5mo	$125,000	$154	65
6145 Agnes Ave	0.53mi	2/1.0	780 (-0%)	13mo	$88,779	$114	63
6149 Agnes Ave	0.54mi	2/1.0	720 (-8%)	1mo	$80,100	$111	60
3212 E 60th St	0.57mi	2/1.0	818 (+4%)	10mo	$78,500	$96	58
5842 Bellefontaine Ave	0.44mi	3/1.0 (+1)	864 (+10%)	1mo	$89,900	$104	57
5507 Park Ave	0.46mi	2/1.0	874 (+12%)	5mo	$94,900	$109	55
6133 Indiana Ave	0.73mi	3/1.0 (+1)	768 (-2%)	6mo	$54,900	$71	52
6133 Walrond Ave	0.62mi	2/1.0	832 (+6%)	10mo	$89,500	$108	52

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 · 4.42% rent growth · sell at horizon

5-year hold

• IRR: -6.3%
• Equity multiple: 0.76×
• Total profit: $-8,637
• Equity at exit: $19,504

10-year hold

• IRR: 4.8%
• Equity multiple: 1.37×
• Total profit: $13,616
• Equity at exit: $11,310

Cash invested: $36,626 (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 64130

• Home prices YoY: -21.5%
• Rents YoY: 4.4%
• Active inventory: 187
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,204 high
• Mortgage (P&I): −$686
• Tax from tax record: −$40 /mo · $485/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $171

Break-even live

Break-even rent $988

Max offer price $130,808

Occupancy floor 81%

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: $32,702
• Closing costs: $3,924
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2512 E 59th St Kansas City, MO	2.0	1.0	750	$1,150	$1.53	44d	1	0.10mi
2205 E 59th St Kansas City, MO	2.0	1.0	724	$1,025	$1.42	16d	1	0.12mi
5713 Brooklyn Ave Kansas City, MO	2.0	1.0	600	$1,200	$2.00	8d	1	0.19mi
2100 E 58th St Kansas City, MO	2.0	1.0	1030	$1,500	$1.46	44d	1	0.20mi
5730 Garfield Ave Kansas City, MO	3.0	1.0	866	$1,195	$1.38	16d	1	0.24mi
5702 Euclid Ave Kansas City, MO	2.0	1.0	683	$1,000	$1.46	44d	1	0.32mi
5529 Michigan Ave Kansas City, MO	2.0	1.0	847	$995	$1.17	44d	1	0.48mi
1702 Bushman Dr Kansas City, MO	1.0–2.0	1.0–2.0	895	$1,065	$1.19	44d	1	0.53mi
5410 Euclid Ave Kansas City, MO	3.0	2.0	1119	$1,395	$1.25	44d	1	0.61mi
6029 Indiana Ave Kansas City, MO	2.0	1.0	832	$1,150	$1.38	44d	1	0.68mi
5614 Indiana Ave Kansas City, MO	3.0	1.0	900	$1,175	$1.31	44d	1	0.68mi
5709 Bales Ave Kansas City, MO	2.0	1.0	782	$1,095	$1.40	24d	1	0.71mi
6014 Virginia Ave Kansas City, MO	2.0	1.0	1072	$1,111	$1.04	8d	1	0.73mi
5332 Highland Ave Kansas City, MO	3.0	1.0	1022	$1,350	$1.32	8d	1	0.77mi
3600 E 57th St Kansas City, MO	3.0	1.0	1037	$1,250	$1.21	44d	1	0.77mi
3615 E 58th St Unit 1 Kansas City, MO	2.0	1.0	936	$875	$0.93	44d	1	0.78mi
3617 E 58th St Unit 2 Kansas City, MO	2.0	1.0	936	$875	$0.93	44d	1	0.78mi
6024 Tracy Ave Kansas City, MO	3.0	1.0	1000	$1,250	$1.25	16d	1	0.79mi
3604 E 61st St Unit 3604 Kansas City, MO	3.0	1.0	875	$1,300	$1.49	44d	1	0.80mi
6404 The Paseo Kansas City, MO	1.0–2.0	1.0–2.0	942	$1,600	$1.70	3d	6	0.86mi
5114 Brooklyn Ave Kansas City, MO	3.0	1.5	1116	$1,300	$1.16	8d	1	0.93mi
3315 E 52nd St Kansas City, MO	2.0	1.0	662	$1,125	$1.70	24d	1	1.03mi
3017 E 51st St Kansas City, MO	2.0	1.0	621	$1,303	$2.10	8d	1	1.03mi
5446 Harrison St Unit 2F Kansas City, MO	2.0	1.0	960	$1,099	$1.14	15d	1	1.06mi
2430 E 67th Ter Kansas City, MO	3.0	2.0	960	$1,195	$1.24	44d	1	1.06mi
5436 Harrison St Unit 1F Kansas City, MO	2.0	1.0	1050	$1,195	$1.14	44d	1	1.07mi
5411 Harrison St Unit 1F Kansas City, MO	2.0	1.0	900	$1,199	$1.33	24d	1	1.07mi
5409 Harrison St Unit 5411 Kansas City, MO	2.0	1.0	900	$1,199	$1.33	24d	1	1.07mi
5407 Harrison St Unit 1F Kansas City, MO	2.0	1.0	1025	$1,195	$1.17	44d	1	1.08mi
5405 Harrison St Unit 2F Kansas City, MO	2.0	1.0	1025	$1,295	$1.26	16d	1	1.08mi
5405 Harrison St Unit 2F Kansas City, MO	2.0	1.0	1025	$1,295	$1.26	20d	1	1.08mi
5405 Harrison St Kansas City, MO	2.0	1.0	1025	$1,295	$1.26	16d	1	1.08mi
1805 E 67th St Kansas City, MO	2.0	1.0	1064	$1,200	$1.13	16d	1	1.08mi
2421 E 67th Ter Kansas City, MO	2.0	1.0	816	$1,125	$1.38	16d	1	1.09mi
5013 S Benton Ave Kansas City, MO	3.0	1.0	978	$1,225	$1.25	24d	1	1.10mi
1435 E 66th Ter Kansas City, MO	3.0	1.0	988	$1,340	$1.36	12d	1	1.10mi
4930 Park Ave Kansas City, MO	3.0	1.0	900	$1,300	$1.44	16d	1	1.12mi
6703 Walrond Ave Kansas City, MO	2.0	1.0	912	$1,200	$1.32	2d	1	1.15mi
6653 Lydia Ave Kansas City, MO	3.0	1.0	962	$1,500	$1.56	16d	1	1.17mi
5424 Charlotte St Kansas City, MO	2.0	1.0	958	$1,395	$1.46	20d	1	1.18mi

Listing history 14 events

1. 2026-06-18
   days on market $130,808 Active 89 DOM
2. 2026-06-17
   days on market $130,808 Active 88 DOM
3. 2026-06-16
   days on market $130,808 Active 87 DOM
4. 2026-06-15
   days on market $130,808 Active 86 DOM
5. 2026-06-13
   days on market $130,808 Active 84 DOM
6. 2026-05-31
   days on market $130,808 Active 80 DOM
7. 2026-03-13
   listed $130,808 Active
8. 2026-03-12
   historical $130,808
9. 2025-04-22
   historical $1,200
10. 2025-03-22
    listed $1,200
11. 2023-10-31
    soldstatus
12. 2023-10-27
    soldstatus Closed 1148-char remark

    Show marketing remark (1148 chars)

    This home has been cherished by the same family for many generations, and it's ready for its next chapter! As you approach, you'll immediately appreciate the tranquility of the screened-in covered porch, inviting you to relax and take in the surroundings. The exterior has maintenance-free siding for easy cleaning. Step inside, and you'll be greeted by the original hardwood floors in most rooms, that exude warmth and character in the formal living & dining room. It has two-bedrooms, one-full-bath residence boasts a spacious kitchen, complete with newer deck access - perfect for those outdoor gatherings. The kitchen also leads to the basement, which offers the potential for a recreation room, adding even more functionality to this already versatile home. Recent upgrades include a 2–3-year young roof and deck, offering peace of mind for years to come. The central air appears to be in great condition as well. Located within walking distance of the bus line and close to major highways, this property offers a prime location for commuters. Don't miss the opportunity to transform this diamond in the rough into your dream home!

13. 2023-10-02
    historical Active Under Contract 1148-char remark

    Show marketing remark (1148 chars)

    This home has been cherished by the same family for many generations, and it's ready for its next chapter! As you approach, you'll immediately appreciate the tranquility of the screened-in covered porch, inviting you to relax and take in the surroundings. The exterior has maintenance-free siding for easy cleaning. Step inside, and you'll be greeted by the original hardwood floors in most rooms, that exude warmth and character in the formal living & dining room. It has two-bedrooms, one-full-bath residence boasts a spacious kitchen, complete with newer deck access - perfect for those outdoor gatherings. The kitchen also leads to the basement, which offers the potential for a recreation room, adding even more functionality to this already versatile home. Recent upgrades include a 2–3-year young roof and deck, offering peace of mind for years to come. The central air appears to be in great condition as well. Located within walking distance of the bus line and close to major highways, this property offers a prime location for commuters. Don't miss the opportunity to transform this diamond in the rough into your dream home!

14. 2023-09-27
    listed $60,000 Active 1148-char remark

    Show marketing remark (1148 chars)

    This home has been cherished by the same family for many generations, and it's ready for its next chapter! As you approach, you'll immediately appreciate the tranquility of the screened-in covered porch, inviting you to relax and take in the surroundings. The exterior has maintenance-free siding for easy cleaning. Step inside, and you'll be greeted by the original hardwood floors in most rooms, that exude warmth and character in the formal living & dining room. It has two-bedrooms, one-full-bath residence boasts a spacious kitchen, complete with newer deck access - perfect for those outdoor gatherings. The kitchen also leads to the basement, which offers the potential for a recreation room, adding even more functionality to this already versatile home. Recent upgrades include a 2–3-year young roof and deck, offering peace of mind for years to come. The central air appears to be in great condition as well. Located within walking distance of the bus line and close to major highways, this property offers a prime location for commuters. Don't miss the opportunity to transform this diamond in the rough into your dream home!

ⓘ 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: $485 · $40/mo
• Projected year-2 tax: $1,269 · $106/mo
• Expected delta: +$784/yr (+$65/mo · 161.8%)

ⓘ 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,454
• − Mortgage interest: −$7,327
• − Property taxes: −$485
• − Insurance: −$654
• − Repairs & maintenance: −$1,156
• − Management: −$1,156
• − Depreciation: −$3,805
• Taxable loss: −$130
• Est. tax savings @ 24.0%: +$31
• After-tax cash flow: $2,079/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: Kansas City 33
• NCES district ID: 2916400
• Math proficiency: 12% ▼ -8.00%
• Reading proficiency: 24% ▬ 0.00%
• Median HH income: $35,227
• Composite: 14.8/100
• National rank: #9387
• State rank: #308 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: Jackson County · 687,798 people
• City population: 439,467
• Metro: Kansas City, MO-KS
• Population (ZIP): 19,644
• Household income: $42,221
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 1132.0

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: Predominantly Black (80%)
• Race & ethnicity: Black 80% White 9% Hispanic / Latino 8% Two or more races 6%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 1% Swedish 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -73.32%
• Current HPI: 267.491
• Rent YoY: ▲ 4.42%
• 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

+118.0% since first listed

8 events — show timeline

• 2026-03-13 Listed $130,808 Heartland MLS as Distributed by MLS Grid
• 2026-03-12 Coming Soon $130,808 Heartland MLS as Distributed by MLS Grid
• 2025-04-22 Rental Removed $1,200 Avail
• 2025-03-22 Listed for Rent $1,200 Avail
• 2023-10-31 Sold (Public Records) — Public Records
• 2023-10-27 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2023-10-02 Contingent — Heartland MLS as Distributed by MLS Grid
• 2023-09-27 Listed $60,000 Heartland MLS as Distributed by MLS Grid

Property tax history

+4.5%/yr

Latest (2025): $485 · +13.0% YoY. Source: county tax records.