2007 N Travis Ave · Springfield, MO 65803

$109,900

3 bd · 1.0 ba · 957 sqft · SingleFamily public records · 26 Days on market

Built 1900 6,970 sqft lot Est $119k · 7% under

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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 +21.8/30.0
• ARV discount +10.8/15.0
• DSCR +7.0/10.0
• 1% rule +4.8/10.0
• 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

Great first home or investment property! Offers three bedrooms, one full bathroom, spacious kitchen plus new carpet and paint throughout! Partial unfinished basement with storage space. Fenced backyard with mature trees. Just minutes away from Doling Park & Family Center, Grant Beach Park, colleges and more!

Key facts

• New flooring
• Interior paint
• New cabinets

Tags

• NEW FLOORING
• INTERIOR PAINT
• UPDATED LIGHT FIXTURES
• REFRESHED KITCHEN
• NEW COUNTERTOPS
• NEW CABINETS

Property features AI

Finance

• Other: Annual tax listed

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water supply; Connected to public sewer
• Home design: Single-family residence; One story
• Construction: Built on a 0.16-acre lot
• Exterior features: Public water; Public sewer; Subdivision: Hobart's

Interior

• Bedrooms: One-level layout
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Forced air heating; Central heating; Central air conditioning
• Interior features: Ceiling fans; Central air

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

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 $108k (1.6% below list).
• Recommended offer: $108k (1.6% below list) — sets the bar for 1% rule.
• Cap rate 8.2% 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.
• Zoned schools: Robberson Elem. (math 27% / reading 32%, grade F, #813 of 1,115 statewide, top 75%, 166 students, 89% FRL); Hillcrest High (math 9% / reading 35%, grade F, #462 of 521 statewide, top 90%, 1,017 students, 64% FRL) — zoned schools average 76% FRL vs 46% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 26% at this address vs 39% district-wide (-13 pts) — the specific schools serving this property underperform the Springfield R-XII average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.2%/yr); 394 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $760 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 26 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y 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 1900 — 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 $108,121 (1.6% below list)

Questions for the listing agent

1. Built in 1900 — 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. 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.
5. 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.
6. 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: 0.98% ✗
• Cap rate: 8.17%
• Cash-on-cash: 6.69%
• DSCR: 1.30
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $118,668
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1112 E Dale St	0.14mi	2/1.0 (-1)	988 (+3%)	1mo	$114,900	$116	83
2160 N Kellett Ave	0.25mi	2/1.0 (-1)	964 (+1%)	2mo	$104,900	$109	80
2033 N Taylor Ave	0.14mi	3/1.0	1,036 (+8%)	2mo	$120,000	$116	78
2036 N Prospect Ave	0.36mi	2/1.0 (-1)	976 (+2%)	0mo	$125,000	$128	75
2111 N Rogers Ave	0.41mi	2/1.0 (-1)	962 (+0%)	1mo	$165,000	$172	74
2023 N Taylor Ave	0.13mi	2/1.0 (-1)	1,035 (+8%)	2mo	$80,000	$77	74
2310 N Pierce Ave	0.44mi	2/1.0 (-1)	976 (+2%)	1mo	$14,900	$15	70
1012 E Talmage St	0.73mi	2/1.0 (-1)	960 (+0%)	2mo	$139,000	$145	59
1433 E Commercial St	0.57mi	2/1.0 (-1)	1,008 (+5%)	1mo	$124,900	$124	58
2110 N Pickwick Ave	0.56mi	2/1.0 (-1)	1,022 (+7%)	1mo	$132,500	$130	57
1433 E Division St	0.74mi	2/1.0 (-1)	844 (-12%)	0mo	$115,000	$136	40
1725 N Weller Ave	0.65mi	2/1.5 (-1)	1,088 (+14%)	0mo	$130,000	$119	39

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: -4.8%
• Equity multiple: 0.82×
• Total profit: $-5,553
• Equity at exit: $16,386

10-year hold

• IRR: 6.2%
• Equity multiple: 1.48×
• Total profit: $14,848
• Equity at exit: $9,502

Cash invested: $30,772 (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 65803

• Home prices YoY: -29.8%
• Rents YoY: 4.2%
• Active inventory: 394
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,081 high
• Mortgage (P&I): −$576
• Tax from tax record: −$61 /mo · $727/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $171

Break-even live

Break-even rent $864

Max offer price $109,900

Occupancy floor 79%

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
805 E Garfield St Springfield, MO	2.0	1.0	950	$950	$1.00	13d	1	0.19mi
2034 N Washington Ave Springfield, MO	2.0	1.0	800	$875	$1.09	43d	1	0.34mi
2054 N Rogers Ave Springfield, MO	2.0	1.0	888	$925	$1.04	13d	1	0.44mi
1636 N National Ave Springfield, MO	3.0	1.5	1000	$995	$0.99	43d	1	0.44mi
2337 N Ramsey Ave Springfield, MO	2.0	1.0	882	$875	$0.99	13d	1	0.50mi
1112 E Locust St Springfield, MO	2.0	1.0	840	$945	$1.12	23d	1	0.50mi
716 E Locust St Unit A Springfield, MO	2.0	1.0	915	$850	$0.93	23d	1	0.52mi
407 E Dale St Apt B Springfield, MO	2.0	1.0	720	$795	$1.10	13d	1	0.54mi
2345 N Prospect Ave Springfield, MO	2.0	1.0	792	$850	$1.07	13d	1	0.55mi
2313 N Rogers Ave Unit 1 Springfield, MO	2.0	2.0	882	$950	$1.08	13d	1	0.55mi
317 E Chase St Springfield, MO	2.0	2.0	915	$1,100	$1.20	43d	1	0.62mi
1447 E Oakwood Ln Springfield, MO	2.0	2.0	982	$1,395	$1.42	43d	1	0.66mi
2508 N National Ave Springfield, MO	4.0	2.0	866	$1,195	$1.38	13d	1	0.66mi
1501 E Blaine St Springfield, MO	2.0	1.0	958	$695	$0.73	23d	1	0.69mi
1529 N Weller Ave Springfield, MO	2.0	1.0	870	$995	$1.14	23d	1	0.77mi
2337 N Delaware Ave Springfield, MO	2.0	1.0	876	$1,195	$1.36	43d	1	0.78mi
1409 N Washington Ave Springfield, MO	2.0	1.0	839	$1,405	$1.67	13d	2	0.78mi
1530 N Robberson Ave Springfield, MO	3.0	2.0	1122	$1,425	$1.27	43d	1	0.79mi
203 W Commercial St Unit 2F Springfield, MO	2.0	1.0	1000	$1,150	$1.15	21d	1	0.79mi
1306 N Frisco Ave Apt A Springfield, MO	2.0	1.5–2.0	970	$995	$1.03	13d	19	0.80mi
2230 N Campbell Ave Springfield, MO	2.0	1.0	1084	$1,095	$1.01	43d	1	0.81mi
1710 E Commercial St Unit B Springfield, MO	2.0	1.0	950	$775	$0.82	43d	1	0.94mi
603 W Division St Springfield, MO	2.0	1.0	816	$995	$1.22	13d	1	1.12mi
2940 N East Ave Springfield, MO	2.0	2.0	915	$700	$0.77	13d	1	1.16mi
1034 E McCanse St Springfield, MO	3.0	1.0	910	$1,150	$1.26	23d	1	1.33mi
2120 N Johnston Ave Springfield, MO	2.0	1.0	880	$925	$1.05	43d	1	1.44mi

Listing history 28 events

1. 2026-06-18
   days on market $109,900 Active 26 DOM
2. 2026-06-17
   days on market $109,900 Active 25 DOM
3. 2026-06-16
   days on market $109,900 Active 24 DOM
4. 2026-06-15
   days on market $109,900 Active 23 DOM
5. 2026-06-14
   days on market $109,900 Active 21 DOM
6. 2026-06-10
   days on market $109,900 Active 18 DOM
7. 2026-06-09
   days on market $109,900 Active 17 DOM
8. 2026-06-08
   days on market $109,900 Active 16 DOM
9. 2026-06-07
   days on market $109,900 Active 15 DOM
10. 2026-06-03
    days on market $109,900 Active 11 DOM
11. 2026-06-02
    days on market $109,900 Active 10 DOM
12. 2026-06-01
    days on market $109,900 Active 9 DOM
13. 2026-05-31
    days on market $109,900 Active 8 DOM
14. 2026-05-30
    days on market $109,900 Active 7 DOM
15. 2026-05-23
    listed $109,900 Active
16. 2026-02-09
    historical $995
17. 2026-01-08
    price $109,900
18. 2025-12-13
    price $995
19. 2025-11-05
    listed $1,095
20. 2025-09-12
    price $114,900
21. 2025-08-22
    price $117,900
22. 2025-07-28
    status Active
23. 2025-06-20
    status Active
24. 2025-06-13
    status Pending
25. 2025-05-15
    listed $120,000 Active
26. 2020-12-04
    soldstatus
27. 2020-12-01
    soldstatus 317-char remark

    Show marketing remark (317 chars)

    Great first home or investment property! Offers three bedrooms, one full bathroom, spacious kitchen plus new carpet and paint throughout! Partial unfinished basement with storage space. Fenced backyard with mature trees. Just minutes away from Doling Park & Family Center, Grant Beach Park, colleges and more!

28. 2020-05-28
    listed $55,900 317-char remark

    Show marketing remark (317 chars)

    Great first home or investment property! Offers three bedrooms, one full bathroom, spacious kitchen plus new carpet and paint throughout! Partial unfinished basement with storage space. Fenced backyard with mature trees. Just minutes away from Doling Park & Family Center, Grant Beach Park, colleges and more!

ⓘ 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: $727 · $61/mo
• Projected year-2 tax: $1,066 · $89/mo
• Expected delta: +$339/yr (+$28/mo · 46.7%)

ⓘ 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: $12,975
• − Mortgage interest: −$6,156
• − Property taxes: −$727
• − Insurance: −$550
• − Repairs & maintenance: −$1,038
• − Management: −$1,038
• − Depreciation: −$3,197
• Taxable income: $269
• Est. tax owed @ 24.0%: −$65
• After-tax cash flow: $1,993/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

+96.6% since first listed

14 events — show timeline

• 2026-05-23 Listed $109,900 SOMO
• 2026-02-09 Rental Removed $995 APPFOLIO
• 2026-01-08 Price Changed $109,900 SOMO
• 2025-12-13 Price Changed $995 APPFOLIO
• 2025-11-05 Listed for Rent $1,095 APPFOLIO
• 2025-09-12 Price Changed $114,900 SOMO
• 2025-08-22 Price Changed $117,900 SOMO
• 2025-07-28 Relisted — SOMO
• 2025-06-20 Relisted — SOMO
• 2025-06-13 Pending — SOMO
• 2025-05-15 Listed $120,000 SOMO
• 2020-12-04 Sold (Public Records) — Public Records
• 2020-12-01 Sold (MLS) — SOMO
• 2020-05-28 Listed $55,900 SOMO

Property tax history

+7.6%/yr

Latest (2025): $727 · +17.8% YoY. Source: county tax records.