1413 N Geronimo Dr · Independence, MO 64058

$185,000

3 bd · 1.0 ba · 1,450 sqft · SingleFamily public records · 4 Days on market

Built 1966 7,840 sqft lot $128/sqft · at area comps Est $186k · at est.

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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 +13.8/30.0
• ARV discount +7.8/15.0
• DSCR +4.2/10.0
• Livability +4.1/5.0
• 1% rule +3.7/10.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully updated home with high-end finishes: Vinyl Windows, Iron Spindles, Hardwood Floors, Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing. .. Hurry up, all you have to do is move in. Yard is fenced so it is perfect for your kids or four-legged kids.

Key facts

• Thermal windows
• Tile showers
• Brand-new roof

Tags

• UPDATED SPLIT-ENTRY HOME
• FLEXIBLE LIVING SPACE
• BRAND-NEW ROOF
• THERMAL WINDOWS
• HARDWOOD FLOORS
• TILE SHOWERS

Property features AI

Finance

• HOA & community: No association fees

Exterior

• Parking: Attached parking; Carport
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Single family residence; Residential property; Split entry home
• Construction: Metal siding; Composition roof
• Exterior features: Patio; Shed(s) and other outbuildings; Satellite dish allowed; Metal and wood fencing; Property within city limits on a paved, publicly maintained road

Interior

• Kitchen: Ceramic tile floors in the kitchen; Dishwasher; Disposal; Microwave; Refrigerator; Electric range; Custom cabinets
• Bedrooms: 4 bedrooms total — bedrooms located on the first level and in the basement; Primary/one bedroom includes walk-in closet and ceiling fan (first level); Additional bedroom(s) in basement
• Flooring: Ceramic tile; Wood; Carpet in select rooms
• Bathrooms: 2 full bathrooms; One bathroom with double vanity, ceramic tile and shower only (basement); One bathroom with ceramic tile and shower-over-tub (first level)
• Heating & cooling: Forced air heating; Attic fan and electric cooling
• Interior features: Custom and stained cabinets; Walk-in closets; Window coverings; Thermal windows; Breakfast room; Formal dining / kitchen-dining combo; Split entry floor plan; Smoke detector(s)
• Laundry & utility: Laundry on lower level, off the kitchen; Washer included

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $17 ($209/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 $162k (12.6% below list).
• Recommended offer: $162k (12.6% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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.
• Fort Osage R-I (rural): math 28% / reading 39% proficiency, ranked #213 of 324 in MO (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Elm Grove Elem. (math 22% / reading 27%, grade F, #879 of 1,115 statewide, top 81%, 325 students, 69% FRL); Fort Osage High (math 33% / reading 48%, grade F, #240 of 521 statewide, top 46%, 1,557 students, 39% FRL).
• Market conditions: 29 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $6k 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 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 24y 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.

Recommended offer $161,698 (12.6% below list)

Questions for the listing agent

1. Built in 1966 — 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: 0.87% ✗
• Cap rate: 6.41%
• Cash-on-cash: 0.40%
• DSCR: 1.02
• GRM: 9.5

CMA / ARV

• ARV (median comp): $186,443
• List price: $185,000
• Delta: -0.77%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1413 N Geronimo Dr	0.00mi	4/2.0 (+1)	1,450 (0%)	1mo	$185,000	$128	90
1612 N Ponca Dr	0.32mi	3/1.5	1,340 (-8%)	0mo	$225,000	$168	70
1117 N Ponca Dr	0.40mi	3/3.0	1,492 (+3%)	1mo	$245,000	$164	67
19113 E 14th St N	0.32mi	3/1.0	1,633 (+13%)	2mo	$250,000	$153	62
1207 N Indian Ln	0.61mi	3/2.0	1,516 (+5%)	1mo	$269,950	$178	59
19201 E 13th Ter	0.35mi	4/3.0 (+1)	1,534 (+6%)	5mo	$252,000	$164	57
18404 E Blackhawk Trl	0.40mi	3/2.5	1,599 (+10%)	2mo	$277,500	$174	56
829 N Choctaw Ave	0.74mi	3/1.0	1,342 (-7%)	2mo	$197,000	$147	52
827 N Choctaw Ave	0.75mi	4/2.0 (+1)	1,350 (-7%)	2mo	$254,900	$189	43
901 N Choctaw Ave	0.73mi	4/1.5 (+1)	1,323 (-9%)	3mo	$199,000	$150	42
18805 E Arrowhead Dr	0.71mi	4/2.0 (+1)	1,341 (-8%)	4mo	$190,000	$142	42
1312 Farview Dr	0.70mi	3/1.0	1,256 (-13%)	5mo	$165,000	$131	41

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -15.7%
• Equity multiple: 0.44×
• Total profit: $-28,854
• Equity at exit: $27,584

10-year hold

• IRR: -7.2%
• Equity multiple: 0.54×
• Total profit: $-23,641
• Equity at exit: $15,995

Cash invested: $51,800 (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 64058

• Home prices YoY: -21.6%
• Active inventory: 29
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,617 high
• Mortgage (P&I): −$970
• Tax from tax record: −$213 /mo · $2,553/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $17

Break-even live

Break-even rent $1,595

Max offer price $185,000

Occupancy floor 94%

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1406 N Ponca Dr Independence, MO	4.0	1.0	1400	$1,650	$1.18	4d	1	0.08mi
18410 E Shoshone Dr Independence, MO	3.0	2.0	1426	$1,450	$1.02	44d	1	0.19mi
18813 Lexington Rd Independence, MO	2.0	1.5	1190	$1,250	$1.05	2d	1	0.29mi
1604 N Glen Ellyn St Independence, MO	3.0	2.0	1330	$1,845	$1.39	16d	1	0.70mi
1617 N Belvidere Ave Independence, MO	3.0	2.0	1642	$2,006	$1.22	2d	1	0.84mi
19200 E Ponca Ter Independence, MO	3.0	2.0	1195	$1,973	$1.65	44d	1	0.87mi
19246 E Ponca Dr Independence, MO	3.0	1.5	1300	$1,700	$1.31	4d	1	0.89mi
19200 E Salisbury Rd Independence, MO	4.0	2.0	1518	$2,000	$1.32	23d	1	1.28mi
19300 E Salisbury Rd Independence, MO	3.0	1.0	1257	$1,845	$1.47	2d	1	1.31mi

Listing history 23 events

1. 2026-05-04
   status Pending 694-char remark
2. 2026-04-29
   listed $185,000 Active 694-char remark
3. 2021-03-22
   soldstatus
4. 2021-03-19
   soldstatus Closed 292-char remark

   Show marketing remark (292 chars)

   Beautifully updated home with high-end finishes: Vinyl Windows, Iron Spindles, Hardwood Floors, Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing. .. Hurry up, all you have to do is move in. Yard is fenced so it is perfect for your kids or four-legged kids.

5. 2021-02-14
   status Pending 292-char remark

   Show marketing remark (292 chars)

   Beautifully updated home with high-end finishes: Vinyl Windows, Iron Spindles, Hardwood Floors, Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing. .. Hurry up, all you have to do is move in. Yard is fenced so it is perfect for your kids or four-legged kids.

6. 2021-02-12
   listed $138,000 Active 292-char remark

   Show marketing remark (292 chars)

   Beautifully updated home with high-end finishes: Vinyl Windows, Iron Spindles, Hardwood Floors, Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing. .. Hurry up, all you have to do is move in. Yard is fenced so it is perfect for your kids or four-legged kids.

7. 2016-10-26
   soldstatus
8. 2016-10-24
   soldstatus Sold

   Show marketing remark (528 chars)

   BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

9. 2016-10-04
   status Pending

   Show marketing remark (528 chars)

   BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

10. 2016-09-13
    historical Contingent - Accepting Backup Offers

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

11. 2016-09-08
    price $93,900

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

12. 2016-08-18
    price $94,900

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

13. 2016-08-02
    status Active

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

14. 2016-07-09
    price $97,500

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

15. 2016-07-09
    historical Contingent - Accepting Backup Offers

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

16. 2016-06-29
    listed $96,900 Active

    Show marketing remark (528 chars)

    BACK ON MARKET AT NEW PRICE!!! Buyer lost his Financing at the last minute. AMAZING FINISHES!!! Major high-end remodel includes: Vinyl Windows, Iron Spindles, Hardwood Floors, Granite Tile Showers, Refinished Cabinets, New Countertops, SS Appliances, Upgraded Plumbing, Frieze Carpet. Beautiful master suite with designer granite tile bathroom. Great location with easy access to 24 Hwy. Move-in ready! HVAC well-maintained, 2002 Roof in great shape, freshly landscaped. All the work is done, just move in and make it your home.

17. 2011-08-09
    historical
18. 2011-05-09
    listed $99,999
19. 2002-06-28
    soldstatus
20. 2002-06-27
    soldstatus
21. 2002-06-04
    listed $82,000
22. 1998-06-08
    soldstatus
23. 1991-04-30
    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: $2,553 · $213/mo
• Projected year-2 tax: $2,553 · $213/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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°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: $19,404
• − Mortgage interest: −$10,363
• − Property taxes: −$2,553
• − Insurance: −$925
• − Repairs & maintenance: −$1,552
• − Management: −$1,552
• − Depreciation: −$5,382
• Taxable loss: −$2,923
• Est. tax savings @ 24.0%: +$702
• After-tax cash flow: $911/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: Fort Osage R-I
• NCES district ID: 2912290
• Math proficiency: 28% ▼ -7.00%
• Reading proficiency: 39% ▼ -5.00%
• Median HH income: $57,441
• Composite: 29.78/100
• National rank: #6428
• State rank: #213 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

• City population: 117,675
• Population (ZIP): 6,610

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 White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 4% Two or more races 3% Asian 1%
• Common ancestry: Italian 11% Slovak 3% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -67.31%
• Current HPI: 244.7398
• Rent YoY: —
• Metro: —
• 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

+125.6% since first listed

24 events — show timeline

• 2026-05-29 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2026-05-04 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-04-29 Listed $185,000 Heartland MLS as Distributed by MLS Grid
• 2021-03-22 Sold (Public Records) — Public Records
• 2021-03-19 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2021-02-14 Pending — Heartland MLS as Distributed by MLS Grid
• 2021-02-12 Listed $138,000 Heartland MLS as Distributed by MLS Grid
• 2016-10-26 Sold (Public Records) — Public Records
• 2016-10-24 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2016-10-04 Pending — Heartland MLS as Distributed by MLS Grid
• 2016-09-13 Contingent — Heartland MLS as Distributed by MLS Grid
• 2016-09-08 Price Changed $93,900 Heartland MLS as Distributed by MLS Grid
• 2016-08-18 Price Changed $94,900 Heartland MLS as Distributed by MLS Grid
• 2016-08-02 Relisted — Heartland MLS as Distributed by MLS Grid
• 2016-07-09 Price Changed $97,500 Heartland MLS as Distributed by MLS Grid
• 2016-07-09 Contingent — Heartland MLS as Distributed by MLS Grid
• 2016-06-29 Listed $96,900 Heartland MLS as Distributed by MLS Grid
• 2011-08-09 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2011-05-09 Listed $99,999 Heartland MLS as Distributed by MLS Grid
• 2002-06-28 Sold (Public Records) — Public Records
• 2002-06-27 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2002-06-04 Listed $82,000 Heartland MLS as Distributed by MLS Grid
• 1998-06-08 Sold (Public Records) — Public Records
• 1991-04-30 Sold (Public Records) — Public Records

Property tax history

+11.9%/yr

Latest (2025): $2,553 · -6.4% YoY. Source: county tax records.