2243 N Taylor Ave · Springfield, MO 65803

$94,500

2 bd · 1.0 ba · 826 sqft · SingleFamily public records · 91 Days on market

Built 1916 6,970 sqft lot $114/sqft · at area comps Est $94k · 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 +23.9/30.0
• DSCR +7.7/10.0
• ARV discount +7.3/15.0
• 1% rule +5.2/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

With many upgrades in place, 2243 N Taylor is ready for the finishing phase. The roof and windows have been recently replaced and a new HVAC system has been set in place. The bath remodel is complete and most flooring has been replaced. Take a look today and continue the transformation.

Key facts

• Flooring replaced
• Windows replaced
• Roof replaced

Tags

• ROOF REPLACED
• WINDOWS REPLACED
• NEW HVAC SYSTEM
• BATH REMODEL COMPLETE
• FLOORING REPLACED

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $183 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($959 rent vs $94k).
• Recommended offer: $86k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 4.6% in Springfield — 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 75/100 on livability (#57 in MO, #4,121 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment F.
• Springfield R-XII (urban): math 32% / reading 46% proficiency, ranked #174 of 324 in MO (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.2%/yr); 394 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,302 units permitted in Greene County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $653 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Greene County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($86k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1916 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $85,995 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1916 — 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. 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.
7. 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.
8. 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: 1.02% ✓
• Cap rate: 8.61%
• Cash-on-cash: 8.28%
• DSCR: 1.37
• GRM: 8.2

CMA / ARV

• ARV (median comp): $94,143
• List price: $94,500
• Delta: 0.38%
• 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
2214 N Kellett Ave	0.25mi	2/1.0	840 (+2%)	3mo	$149,900	$178	83
2135 N Fremont Ave	0.35mi	2/1.0	804 (-3%)	8mo	$119,900	$149	73
2310 N East Ave	0.18mi	2/1.0	896 (+8%)	7mo	$69,900	$78	72
2031 N Fremont Ave	0.42mi	2/1.0	866 (+5%)	6mo	$99,900	$115	67
1078 E Blaine St	0.61mi	2/1.0	841 (+2%)	3mo	$109,900	$131	66
2030 N Fremont Ave	0.44mi	2/1.5	906 (+10%)	3mo	$119,000	$131	59
2212 N Kellett Ave	0.25mi	2/2.0	720 (-13%)	6mo	$124,900	$173	58
1420 E Livingston St	0.65mi	2/1.0	780 (-6%)	4mo	$59,900	$77	57
2447 N Kellett Ave	0.37mi	2/1.0	720 (-13%)	8mo	$99,900	$139	55
1622 E Turner St	0.63mi	2/1.0	896 (+8%)	6mo	$130,000	$145	51
1355 E Atlantic St	0.45mi	2/1.0	940 (+14%)	8mo	$129,500	$138	49
2632 N Kellett Ave	0.54mi	3/1.0 (+1)	938 (+14%)	3mo	$99,000	$106	45

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 · 4.24% rent growth · sell at horizon

5-year hold

• IRR: -2.5%
• Equity multiple: 0.91×
• Total profit: $-2,501
• Equity at exit: $14,090

10-year hold

• IRR: 8.4%
• Equity multiple: 1.67×
• Total profit: $17,766
• Equity at exit: $8,171

Cash invested: $26,460 (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 65803

• Home prices YoY: -29.8%
• Rents YoY: 4.2%
• Active inventory: 394
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $959 high
• Mortgage (P&I): −$496
• Tax from tax record: −$40 /mo · $482/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$201
• Net cashflow: $183

Break-even live

Break-even rent $728

Max offer price $94,500

Occupancy floor 76%

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: $23,625
• Closing costs: $2,835
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2234 N Travis Ave Springfield, MO	1.0	1.0	890	$750	$0.84	43d	1	0.11mi
2337 N Ramsey Ave Springfield, MO	2.0	1.0	882	$875	$0.99	13d	1	0.18mi
2345 N Prospect Ave Springfield, MO	2.0	1.0	792	$850	$1.07	13d	1	0.23mi
2313 N Rogers Ave Unit 1 Springfield, MO	2.0	2.0	882	$950	$1.08	13d	1	0.26mi
2346 N Kellett Ave Apt B Springfield, MO	1.0	1.0	550	$825	$1.50	43d	1	0.30mi
2054 N Rogers Ave Springfield, MO	2.0	1.0	888	$925	$1.04	13d	1	0.35mi
1447 E Oakwood Ln Springfield, MO	2.0	2.0	982	$1,395	$1.42	43d	1	0.42mi
805 E Garfield St Springfield, MO	2.0	1.0	950	$950	$1.00	13d	1	0.46mi
2337 N Delaware Ave Springfield, MO	2.0	1.0	876	$1,195	$1.36	43d	1	0.53mi
2034 N Washington Ave Springfield, MO	2.0	1.0	800	$875	$1.09	43d	1	0.56mi
1636 N National Ave Springfield, MO	3.0	1.5	1000	$995	$0.99	43d	1	0.66mi
407 E Dale St Apt B Springfield, MO	2.0	1.0	720	$795	$1.10	13d	1	0.72mi
1501 E Blaine St Springfield, MO	2.0	1.0	958	$695	$0.73	23d	1	0.74mi
1112 E Locust St Springfield, MO	2.0	1.0	840	$945	$1.12	23d	1	0.75mi
716 E Locust St Unit A Springfield, MO	2.0	1.0	915	$850	$0.93	23d	1	0.85mi
317 E Chase St Springfield, MO	2.0	2.0	915	$1,100	$1.20	43d	1	0.88mi
1529 N Weller Ave Springfield, MO	2.0	1.0	870	$995	$1.14	23d	1	0.89mi
2940 N East Ave Springfield, MO	2.0	2.0	915	$700	$0.77	13d	1	0.90mi
1710 E Commercial St Unit B Springfield, MO	2.0	1.0	950	$775	$0.82	43d	1	0.92mi
1246 E Norton Rd Springfield, MO	1.0	1.0	650	$595	$0.92	43d	1	0.92mi
2230 N Campbell Ave Springfield, MO	2.0	1.0	1084	$1,095	$1.01	43d	1	0.93mi
3000 N Kentwood Ave Springfield, MO	1.0	1.0	650	$650	$1.00	13d	1	1.00mi
1623 N Jefferson Ave Unit B Springfield, MO	1.0	1.0	750	$950	$1.27	43d	1	1.01mi
1034 E McCanse St Springfield, MO	3.0	1.0	910	$1,150	$1.26	23d	1	1.05mi
203 W Commercial St Unit 2F Springfield, MO	2.0	1.0	1000	$1,150	$1.15	21d	1	1.06mi
1306 N Frisco Ave Apt A Springfield, MO	2.0	1.5–2.0	970	$995	$1.03	13d	19	1.08mi
1530 N Robberson Ave Springfield, MO	3.0	2.0	1122	$1,425	$1.27	43d	1	1.09mi
1409 N Washington Ave Springfield, MO	2.0	1.0	839	$1,405	$1.67	13d	2	1.10mi
2850 N Campbell Ave Apt S Springfield, MO	1.0	1.0	727	$750	$1.03	43d	1	1.19mi
603 W Division St Springfield, MO	2.0	1.0	816	$995	$1.22	13d	1	1.40mi
2650 N Barnes Ave Apt C22 Springfield, MO	2.0	2.0	1100	$1,000	$0.91	43d	1	1.41mi

Listing history 15 events

1. 2026-06-18
   days on market $94,500 Active 91 DOM
2. 2026-06-17
   days on market $94,500 Active 90 DOM
3. 2026-06-16
   days on market $94,500 Active 89 DOM
4. 2026-06-15
   days on market $94,500 Active 88 DOM
5. 2026-06-14
   days on market $94,500 Active 86 DOM
6. 2026-06-10
   days on market $94,500 Active 83 DOM
7. 2026-06-09
   days on market $94,500 Active 82 DOM
8. 2026-06-08
   days on market $94,500 Active 81 DOM
9. 2026-06-07
   days on market $94,500 Active 80 DOM
10. 2026-06-03
    days on market $94,500 Active 76 DOM
11. 2026-06-02
    days on market $94,500 Active 75 DOM
12. 2026-06-01
    days on market $94,500 Active 74 DOM
13. 2026-05-31
    days on market $94,500 Active 73 DOM
14. 2026-05-30
    days on market $94,500 Active 72 DOM
15. 2026-03-18
    listed $94,500 Active 287-char remark

    Show marketing remark (287 chars)

    With many upgrades in place, 2243 N Taylor is ready for the finishing phase. The roof and windows have been recently replaced and a new HVAC system has been set in place. The bath remodel is complete and most flooring has been replaced. Take a look today and continue the transformation.

ⓘ 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: $482 · $40/mo
• Projected year-2 tax: $917 · $76/mo
• Expected delta: +$435/yr (+$36/mo · 90.3%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,510
• − Mortgage interest: −$5,293
• − Property taxes: −$482
• − Insurance: −$472
• − Repairs & maintenance: −$921
• − Management: −$921
• − Depreciation: −$2,749
• Taxable income: $672
• Est. tax owed @ 24.0%: −$161
• After-tax cash flow: $2,031/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: Springfield R-XII
• NCES district ID: 2928860
• Math proficiency: 32% ▼ -2.00%
• Reading proficiency: 46% ▼ -3.00%
• Median HH income: $37,886
• Composite: 32.45/100
• National rank: #5717
• State rank: #174 of 324 in MO

Livability — Springfield

• Score: 75/100
• State rank: #57
• US rank: #4121

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springfield, MO
• County: Greene County · 244,327 people
• City population: 223,044
• Metro: Springfield, MO
• Population (ZIP): 42,882
• Household income: $50,572
• Rent vs Own: 45.0% rent · 55.0% own
• Severe rent burden: 1305.0

Population outlook (Greene County) Hauer SSP2

• Today (2025): 319,054 people
• By 2030: 335,135 · +5.0%
• By 2040: 366,186 · +14.8%
• By 2050: 397,431 · +24.6%
• By 2075: 477,035 · +49.5%
• By 2100: 520,828 · +63.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 9% Hispanic / Latino 6% Black 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Italian 2% Iranian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · Greene

• 2024 margin: Strong R (+20.8) · D 38.9% · R 59.7% · Other 1.4%
• 2008→2024 swing: -5.0pp toward R · 2008: -15.8pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+20.1 2016: R+27.4 2012: R+24.4 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.08%
• Current HPI: 205.0439
• Rent YoY: ▲ 4.24%
• Metro: Springfield, MO
• 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

1 event — show timeline

• 2026-03-18 Listed $94,500 SOMO

Property tax history

+3.6%/yr

Latest (2025): $482 · +32.2% YoY. Source: county tax records.