2159 N Taylor Ave · Springfield, MO 65803

$63,000

2 bd · 1.0 ba · 708 sqft · SingleFamily public records · 2 Days on market

Built 1921 Fair condition 7,405 sqft lot $89/sqft · 32% below area Est $92k · 32% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Schools +3.0/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Property being sold as-is.

Key facts

• 7,405 sq ft lot
• Built 1921
• Listed 2 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $63k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $294 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($868 rent vs $63k).
• Cap rate 11.9% vs local median 4.5% 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.
• Zoned schools: Robberson Elem. (math 27% / reading 32%, grade F, #813 of 1,115 statewide, top 75%, 166 students, 89% FRL); Reed Middle (math 33% / reading 44%, grade F, #202 of 391 statewide, top 54%, 512 students, 70% FRL); Hillcrest High (math 9% / reading 35%, grade F, #462 of 521 statewide, top 90%, 1,017 students, 64% FRL) — zoned schools average 74% FRL vs 46% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.2%/yr); 593 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 42% 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 $436 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 4.2% rent growth), your $18k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $7k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1921 — 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 $63,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.38% ✓
• Cap rate: 11.90%
• Cash-on-cash: 20.03%
• DSCR: 1.89
• GRM: 6.1

CMA / ARV

• ARV (median comp): $92,419
• List price: $63,000
• Delta: -24.26%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2243 N Kellett Ave	0.30mi	2/1.0	726 (+2%)	1mo	$100,000	$138	81
2212 N Kellett Ave	0.25mi	2/2.0	720 (+2%)	9mo	$124,900	$173	74
2340 N Kellett Ave	0.33mi	1/1.0 (-1)	700 (-1%)	5mo	$115,000	$164	73
902 E Garfield St	0.34mi	2/1.0	658 (-7%)	6mo	$92,000	$140	68
2447 N Kellett Ave	0.45mi	2/1.0	720 (+2%)	11mo	$99,900	$139	67
2137 N Weller Ave	0.46mi	2/1.0	756 (+7%)	3mo	$49,900	$66	64
2135 N Fremont Ave	0.33mi	2/1.0	804 (+14%)	11mo	$119,900	$149	53
1719 N Weller	0.71mi	2/1.0	768 (+8%)	6mo	$129,000	$168	48
1307 E Locust St	0.69mi	2/1.0	800 (+13%)	3mo	$129,900	$162	44
1420 E Livingston St	0.74mi	2/1.0	780 (+10%)	7mo	$59,900	$77	43
2103 N Jefferson Ave	0.72mi	2/1.0	806 (+14%)	2mo	$114,900	$143	42
2155 N Washington Ave	0.51mi	1/1.0 (-1)	616 (-13%)	12mo	$100,000	$162	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 · 4.24% rent growth · sell at horizon

5-year hold

• IRR: 13.5%
• Equity multiple: 1.55×
• Total profit: $9,622
• Equity at exit: $9,394

10-year hold

• IRR: 23.2%
• Equity multiple: 3.10×
• Total profit: $37,076
• Equity at exit: $5,447

Cash invested: $17,640 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 17 active · 15 under contract
• Months of supply: 5.4 mo (19%/mo absorbed)
• Median asking: $125,000 ($159/sqft)
• Median days on market: 68 d
• This list price: 6% of active listings are priced below it
• ARV vs active asking: -18.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 65803

• Home prices YoY: -29.8%
• Rents YoY: 4.2%
• Active inventory: 593
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $868 high
• Mortgage (P&I): −$330
• Tax from tax record: −$34 /mo · $412/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$182
• Net cashflow: $294

Break-even live

Break-even rent $495

Max offer price $63,000

Occupancy floor 61%

Sensitivity live

Price	-10% $330	-5% $312	+0% $294	+5% $277	+10% $259
Rent	-10% $226	-5% $260	+0% $294	+5% $329	+10% $363
Rate	-1.0pp $326	-0.5pp $310	base $294	+0.5pp $278	+1.0pp $261

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: $15,750
• Closing costs: $1,890
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2139 N Taylor Ave Springfield, MO	2.0	1.0	576	$750	$1.30	3d	1	0.05mi
2346 N Kellett Ave Apt B Springfield, MO	1.0	1.0	550	$825	$1.50	139d	1	0.34mi
2220 N Pierce Ave Unit A Springfield, MO	2.0	1.0	676	$795	$1.18	6d	1	0.35mi
1910 N Benton Ave Springfield, MO	1.0	1.0	580	$750	$1.29	6d	1	0.69mi
407 E Dale St Apt B Springfield, MO	2.0	1.0	720	$795	$1.10	109d	1	0.70mi
1623 N Jefferson Ave Unit B Springfield, MO	1.0	1.0	750	$950	$1.27	139d	1	0.96mi
1623 N Jefferson Ave Springfield, MO	1.0	1.0	500	$900	$1.80	6d	1	0.96mi
1246 E Norton Rd Springfield, MO	1.0	1.0	650	$595	$0.92	139d	1	0.99mi
1910 N Lyon Ave Unit Back Springfield, MO	1.0	1.0	650	$895	$1.38	6d	1	1.08mi
3102 N Howard Ave Unit 3104 Springfield, MO	2.0	1.0	672	$750	$1.12	6d	1	1.14mi
2850 N Campbell Ave Apt S Springfield, MO	1.0	1.0	727	$750	$1.03	139d	1	1.24mi
2020 E Kerr St Springfield, MO	3.0	1.0–2.0	1025	$1,705	$1.66	0d	15	1.40mi

Property features AI

Finance

• Other: Annual tax listed

Exterior

• Utilities: Public waterPublic sewer
• Home design: Single-family residenceResidential property
• Construction: 708 above-grade finished square feet
• Exterior features: 0.17-acre lotSubdivision: Greene-Not in ListDirections: From Kearney St, turn south on N Taylor Ave, go about 0.3 miles, pass Talmage St, and 2159 N Taylor will be on your right.

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Has heatingNo cooling
• Interior features: Heating present (type listed as Other)

Listing history 47 events

1. 2026-09-23
   days on market $63,000 Active 2 DOM
2. 2026-09-22
   pricedays on marketlisting id $63,000 Active 1 DOM
3. 2026-07-21
   days on market $70,000 Active 68 DOM
4. 2026-07-18
   days on market $70,000 Active 65 DOM
5. 2026-07-16
   days on market $70,000 Active 63 DOM
6. 2026-07-16
   days on market $70,000 Active 62 DOM
7. 2026-07-14
   days on market $70,000 Active 61 DOM
8. 2026-07-13
   days on market $70,000 Active 60 DOM
9. 2026-07-12
   days on market $70,000 Active 59 DOM
10. 2026-07-11
    days on market $70,000 Active 58 DOM
11. 2026-07-10
    days on market $70,000 Active 57 DOM
12. 2026-07-09
    days on market $70,000 Active 56 DOM
13. 2026-07-08
    days on market $70,000 Active 55 DOM
14. 2026-07-07
    days on market $70,000 Active 54 DOM
15. 2026-07-06
    days on market $70,000 Active 53 DOM
16. 2026-07-05
    days on market $70,000 Active 52 DOM
17. 2026-07-04
    days on market $70,000 Active 51 DOM
18. 2026-07-03
    days on market $70,000 Active 50 DOM
19. 2026-07-02
    days on market $70,000 Active 49 DOM
20. 2026-07-01
    days on market $70,000 Active 48 DOM
21. 2026-06-30
    days on market $70,000 Active 47 DOM
22. 2026-06-29
    days on market $70,000 Active 46 DOM
23. 2026-06-28
    days on market $70,000 Active 45 DOM
24. 2026-06-28
    days on market $70,000 Active 44 DOM
25. 2026-06-27
    days on market $70,000 Active 43 DOM
26. 2026-06-25
    days on market $70,000 Active 41 DOM
27. 2026-06-23
    days on market $70,000 Active 39 DOM
28. 2026-06-22
    days on market $70,000 Active 38 DOM
29. 2026-06-18
    days on market $70,000 Active 35 DOM
30. 2026-06-17
    days on market $70,000 Active 34 DOM
31. 2026-06-16
    days on market $70,000 Active 33 DOM
32. 2026-06-15
    days on market $70,000 Active 32 DOM
33. 2026-06-14
    days on market $70,000 Active 30 DOM
34. 2026-06-10
    days on market $70,000 Active 27 DOM
35. 2026-06-09
    days on market $70,000 Active 26 DOM
36. 2026-06-08
    days on market $70,000 Active 25 DOM
37. 2026-06-07
    days on market $70,000 Active 24 DOM
38. 2026-06-03
    days on market $70,000 Active 20 DOM
39. 2026-06-02
    days on market $70,000 Active 19 DOM
40. 2026-06-01
    days on market $70,000 Active 18 DOM
41. 2026-05-31
    days on market $70,000 Active 17 DOM
42. 2026-05-30
    days on market $70,000 Active 16 DOM
43. 2026-05-14
    listed $70,000 Active 26-char remark
44. 2025-12-11
    listed $60,500 Active
45. 2020-07-09
    listed $55,600
46. 2017-07-26
    listed $54,900
47. 2006-02-27
    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: $412 · $34/mo
• Projected year-2 tax: $611 · $51/mo
• Expected delta: +$199/yr (+$17/mo · 48.3%)

ⓘ 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 1/10 Low
• 🌡 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: $10,410
• − Mortgage interest: −$3,529
• − Property taxes: −$412
• − Insurance: −$315
• − Repairs & maintenance: −$833
• − Management: −$833
• − Depreciation: −$1,833
• Taxable income: $2,656
• Est. tax owed @ 24.0%: −$637
• After-tax cash flow: $2,895/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.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab Est. rehab $17,700–$31,860 screening

This property requires moderate renovations to improve its condition and increase its value. Key areas for improvement include the roof, exterior, HVAC, and windows.

Components & finishes AI

Roof asphalt shingle · good Flooring wood Appliances white HVAC central · new lt5

Deferred maintenance Est. $1,000–$4,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Hvac (hvac) — No visible signs of damage or wear

Repairs flagged

• Major roof shingles — Significant wear
• Major exterior siding — Peeling paint
• Major HVAC unit — Appears old and possibly inefficient
• Major windows — Old and possibly leaky

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value ↑
• Both Replace HVAC unit — Improves comfort and energy efficiency ↑
• Both Replace windows — Enhances energy efficiency and curb appeal ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 30/100

Zoned Schools

Elementary Robberson Elem. F MO #813/1,115 Nat'l #26,716/41,679 Middle Reed Middle F MO #202/391 Nat'l #6,453/14,009 High Hillcrest High F MO #462/521 Nat'l #13,673/17,239

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

B Composite livability gradescore 75/100

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 · 319,054 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: 11% of renters

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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%

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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%

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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

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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

Property features AI

Finance

• Other: Annual tax listed

Exterior

• Utilities: Public waterPublic sewer
• Home design: Single-family residenceResidential property
• Construction: 708 above-grade finished square feet
• Exterior features: 0.17-acre lotSubdivision: Greene-Not in ListDirections: From Kearney St, turn south on N Taylor Ave, go about 0.3 miles, pass Talmage St, and 2159 N Taylor will be on your right.

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Has heatingNo cooling
• Interior features: Heating present (type listed as Other)

Price history

+27.5% since first listed

5 events — show timeline

• 2026-05-14 Listed $70,000 SOMO
• 2025-12-11 Listed $60,500 SOMO
• 2020-07-09 Listed $55,600 SOMO
• 2017-07-26 Listed $54,900 SOMO
• 2006-02-27 Sold (Public Records) — Public Records

Property tax history

+3.1%/yr

Latest (2025): $412 · +29.1% YoY. Source: county tax records.