341 N Quincy Ave · Kansas City, MO 64123

$134,900

2 bd · 1.0 ba · 774 sqft · SingleFamily public records · 77 Days on market

Built 1949 6,534 sqft lot $174/sqft · 8% below area Est $147k · 8% 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).

• Cash flow +12.7/30.0
• ARV discount +11.2/15.0
• Livability +3.9/5.0
• DSCR +3.8/10.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

An attached garage and private driveway anchor this 2-bedroom ranch at 341 N Quincy Avenue. Inside, hardwood floors run through a combined living and dining area, with two bedrooms on the main level and a layout that’s simple and functional. Both the front and back yards are fully fenced, offering usable outdoor space. A newer water heater is already in place. Suited for a buyer who values practicality, long-term use, or the opportunity to make updates over time. Located in Northeast Kansas City with convenient access to parks, shops, and major routes.

Key facts

• 6,534 sq ft lot
• Garage
• Built 1949

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $-15 ($-181/yr) — negative.
• To cash-flow at today's rent, offer at most $132k (2.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $105k (22.2% below list).
• Recommended offer: $105k (22.2% below list) — sets the bar for 1% rule.
• Cap rate 6.2% 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: 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: 59 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 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 $933 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 77 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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 1949 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $104,984 (22.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.78% ✗
• Cap rate: 6.16%
• Cash-on-cash: -0.48%
• DSCR: 0.98
• GRM: 10.7

CMA / ARV

• ARV (median comp): $147,125
• List price: $134,900
• Delta: -8.31%
• 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
420 N Drury Ave	0.23mi	2/1.0	834 (+8%)	0mo	$114,900	$138	76
427 N Drury Ave	0.27mi	2/1.0	797 (+3%)	14mo	$125,000	$157	71
5506 Scarritt Ave	0.28mi	2/1.0	864 (+12%)	1mo	$40,000	$46	67
445 N Lawndale Ave	0.40mi	2/1.0	699 (-10%)	2mo	$95,000	$136	64
318 Barat Ave	0.66mi	2/1.0	805 (+4%)	1mo	$89,500	$111	62
5921 Lexington Ave	0.71mi	2/1.0	768 (-1%)	11mo	$109,900	$143	56
401 N Topping Ave	0.43mi	2/1.0	834 (+8%)	19mo	$79,950	$96	51
112 Bellaire Ave	0.55mi	2/1.5	736 (-5%)	19mo	$144,000	$196	48
436 Lawndale Ave	0.67mi	2/1.0	878 (+13%)	2mo	$85,000	$97	45
134 N Belmont Blvd	0.67mi	2/1.0	874 (+13%)	4mo	$60,000	$69	44
126 Belmont Blvd	0.73mi	3/2.0 (+1)	799 (+3%)	12mo	$65,900	$82	42
118 Bellaire Ave	0.56mi	3/2.0 (+1)	872 (+13%)	15mo	$143,500	$165	32

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: -17.1%
• Equity multiple: 0.39×
• Total profit: $-22,856
• Equity at exit: $20,114

10-year hold

• IRR: -9.1%
• Equity multiple: 0.44×
• Total profit: $-21,292
• Equity at exit: $11,664

Cash invested: $37,772 (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 64123

• Home prices YoY: -8.3%
• Active inventory: 59
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,050 high
• Mortgage (P&I): −$707
• Tax from tax record: −$81 /mo · $970/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$220
• Net cashflow: $-15

Break-even live

Break-even rent $1,069

Max offer price $132,242

Occupancy floor 96%

Sensitivity live

Price	-10% $61	-5% $23	+0% $-15	+5% $-53	+10% $-91
Rent	-10% $-98	-5% $-57	+0% $-15	+5% $26	+10% $68
Rate	-1.0pp $53	-0.5pp $19	base $-15	+0.5pp $-50	+1.0pp $-86

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
445 N Lawndale Ave Kansas City, MO	2.0	1.0	700	$1,200	$1.71	24d	1	0.41mi
135 Lawndale Ave Kansas City, MO	3.0	2.0	920	$1,500	$1.63	8d	1	0.51mi
3921 Norledge Ave Unit 2E Kansas City, MO	2.0	1.0	900	$950	$1.06	44d	1	0.70mi
303 White Ave Unit 2 Kansas City, MO	2.0	1.0	1060	$950	$0.90	11d	1	0.70mi
3913 Scarritt Ave Apt 2W Kansas City, MO	1.0	1.0	700	$800	$1.14	3d	1	0.73mi
307 N Gladstone Blvd Kansas City, MO	1.0	1.0	650	$850	$1.31	44d	3	0.75mi
301-307 N Gladstone Blvd Unit 307-42 Kansas City, MO	1.0	1.0	650	$850	$1.31	4d	1	0.75mi
3600 Saint John Ave Unit 109 Kansas City, MO	1.0	1.0	680	$750	$1.10	44d	1	0.91mi
108 N Indiana Ave Unit 3S Kansas City, MO	1.0	1.0	600	$699	$1.17	44d	1	1.10mi
3423 Garner Ave Unit B Kansas City, MO	2.0	1.0	800	$900	$1.12	44d	1	1.15mi
301 Benton Blvd Unit 2 Kansas City, MO	2.0	1.0	850	$1,025	$1.21	24d	1	1.23mi
301 Benton Blvd Unit 3 Kansas City, MO	2.0	1.0	850	$970	$1.14	8d	1	1.23mi
3435 E 7th St Kansas City, MO	2.0	1.0	970	$949	$0.98	8d	1	1.29mi
6011 E 11th St Kansas City, MO	3.0	1.0	900	$1,200	$1.33	17d	1	1.31mi
611 Ewing Ave Unit B Kansas City, MO	1.0	1.0	700	$800	$1.14	24d	1	1.32mi
301 Bellefontaine Ave Unit B Kansas City, MO	1.0	1.0	700	$850	$1.21	17d	1	1.35mi

Listing history 26 events

1. 2026-06-18
   days on market $134,900 Active 77 DOM
2. 2026-06-17
   days on market $134,900 Active 76 DOM
3. 2026-06-16
   days on market $134,900 Active 75 DOM
4. 2026-06-15
   days on market $134,900 Active 74 DOM
5. 2026-06-13
   days on market $134,900 Active 72 DOM
6. 2026-06-09
   days on market $134,900 Active 68 DOM
7. 2026-06-08
   days on market $134,900 Active 67 DOM
8. 2026-06-07
   days on market $134,900 Active 66 DOM
9. 2026-06-05
   days on market $134,900 Active 63 DOM
10. 2026-06-03
    days on market $134,900 Active 62 DOM
11. 2026-06-02
    days on market $134,900 Active 61 DOM
12. 2026-06-01
    days on market $134,900 Active 60 DOM
13. 2026-05-31
    days on market $134,900 Active 59 DOM
14. 2026-04-02
    listed $134,900 Active 564-char remark

    Show marketing remark (564 chars)

    An attached garage and private driveway anchor this 2-bedroom ranch at 341 N Quincy Avenue. Inside, hardwood floors run through a combined living and dining area, with two bedrooms on the main level and a layout that’s simple and functional. Both the front and back yards are fully fenced, offering usable outdoor space. A newer water heater is already in place. Suited for a buyer who values practicality, long-term use, or the opportunity to make updates over time. Located in Northeast Kansas City with convenient access to parks, shops, and major routes.

15. 2026-04-02
    historical

    Show marketing remark (564 chars)

    An attached garage and private driveway anchor this 2-bedroom ranch at 341 N Quincy Avenue. Inside, hardwood floors run through a combined living and dining area, with two bedrooms on the main level and a layout that’s simple and functional. Both the front and back yards are fully fenced, offering usable outdoor space. A newer water heater is already in place. Suited for a buyer who values practicality, long-term use, or the opportunity to make updates over time. Located in Northeast Kansas City with convenient access to parks, shops, and major routes.

16. 2026-01-31
    price $134,900
17. 2025-12-04
    price $139,900
18. 2025-12-04
    listed $134,900 Active
19. 2025-12-01
    historical
20. 2024-03-11
    soldstatus Closed
21. 2024-03-11
    soldstatus
22. 2024-02-10
    status Pending
23. 2024-02-06
    status Active
24. 2024-02-06
    price $125,000
25. 2024-02-01
    historical
26. 2024-01-30
    listed $115,000 Active

ⓘ 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: $970 · $81/mo
• Projected year-2 tax: $1,309 · $109/mo
• Expected delta: +$339/yr (+$28/mo · 35.0%)

ⓘ 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 2/10 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 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,598
• − Mortgage interest: −$7,556
• − Property taxes: −$970
• − Insurance: −$674
• − Repairs & maintenance: −$1,008
• − Management: −$1,008
• − Depreciation: −$3,924
• Taxable loss: −$2,542
• Est. tax savings @ 24.0%: +$610
• After-tax cash flow: $430/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): 11,833
• Household income: $54,443
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 338.0

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 0.64)
• Race & ethnicity: Hispanic / Latino 48% White 34% Two or more races 25% Black 10% Asian 5% Native American 2%
• Hispanic origin (detail): Mexican 37% Puerto Rican 1% Cuban 3%
• Common ancestry: Italian 2% Arab 2% Romanian 1%
• Foreign-born: 22% · Canada, Vietnam, Philippines
• Languages at home: 58% English-only · Spanish 35% Arabic 2% Vietnamese 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: ▼ -35.35%
• Current HPI: 392.4402
• 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

+17.3% since first listed

13 events — show timeline

• 2026-04-02 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2026-04-02 Listed $134,900 Heartland MLS as Distributed by MLS Grid
• 2026-01-31 Price Changed $134,900 Heartland MLS as Distributed by MLS Grid
• 2025-12-04 Price Changed $139,900 Heartland MLS as Distributed by MLS Grid
• 2025-12-04 Listed $134,900 Heartland MLS as Distributed by MLS Grid
• 2025-12-01 Coming Soon — Heartland MLS as Distributed by MLS Grid
• 2024-03-11 Sold (Public Records) — Public Records
• 2024-03-11 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2024-02-10 Pending — Heartland MLS as Distributed by MLS Grid
• 2024-02-06 Relisted — Heartland MLS as Distributed by MLS Grid
• 2024-02-06 Price Changed $125,000 Heartland MLS as Distributed by MLS Grid
• 2024-02-01 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2024-01-30 Listed $115,000 Heartland MLS as Distributed by MLS Grid

Property tax history

+5.0%/yr

Latest (2025): $970 · +12.4% YoY. Source: county tax records.