139 N Ditzler Ave · Independence, MO 64053

$139,900

3 bd · 1.0 ba · 835 sqft · SingleFamily public records · 77 Days on market

Built 1925 1,395 sqft lot $168/sqft · 7% above area Est $131k · 7% over

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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 +15.7/30.0
• Appreciation +10.0/10.0
• DSCR +4.8/10.0
• ARV discount +4.3/15.0
• Livability +4.1/5.0
• 1% rule +3.4/10.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This remodeled three-bedroom bungalow blends classic charm with modern sophistication. The open-concept living area features refinished hardwoods and designer lighting, flowing seamlessly into a chef’s kitchen with quartz countertops and stainless appliances. Two bright bedrooms and a sleek, updated bath provide a cozy retreat, while the private backyard offers the perfect space for outdoor relaxation.

Key facts

• 1,395 sq ft lot
• Garage
• Built 1925

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $61 ($735/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 $118k (15.6% below list).
• Recommended offer: $118k (15.6% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 5.0% in Independence — 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 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: schools C-, employment D+, crime F.
• Independence 30 (suburban): math 26% / reading 38% proficiency, ranked #252 of 324 in MO (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 46 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($967 loan paydown + $14k appreciation (10.0% local appreciation)).
• Jackson County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,080 (15.6% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — 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: 0.84% ✗
• Cap rate: 6.82%
• Cash-on-cash: 1.88%
• DSCR: 1.08
• GRM: 9.9

CMA / ARV

• ARV (median comp): $130,677
• List price: $139,900
• Delta: 7.06%
• 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
125 S Brookside St	0.15mi	2/1.0 (-1)	855 (+2%)	4mo	$90,000	$105	80
107 N Ditzler Ave	0.04mi	3/2.0	934 (+12%)	2mo	$178,500	$191	73
128 S Arlington Ave	0.32mi	3/1.0	884 (+6%)	7mo	$125,000	$141	69
8908 E Thompson Ave	0.52mi	2/1.0 (-1)	859 (+3%)	5mo	$68,500	$80	62
108 S Huttig Ave	0.67mi	2/1.0 (-1)	819 (-2%)	2mo	$109,000	$133	60
207 N Hawthorne Ave	0.50mi	3/2.0	875 (+5%)	8mo	$150,000	$171	58
604 S Glenwood Ave	0.66mi	3/1.0	865 (+4%)	10mo	$50,000	$58	55
119 N Evanston Ave	0.40mi	2/1.0 (-1)	952 (+14%)	3mo	$140,000	$147	50
8806 E Smart Ave	0.56mi	2/1.0 (-1)	908 (+9%)	6mo	$95,000	$105	49
8703 E Morrell Ave	0.60mi	2/1.0 (-1)	748 (-10%)	4mo	$79,900	$107	46
230 S Huttig Ave	0.72mi	2/1.0 (-1)	756 (-10%)	1mo	$125,000	$165	45
566 S Overton Ave	0.65mi	2/1.0 (-1)	940 (+13%)	3mo	$90,000	$96	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 25.6%
• Equity multiple: 3.04×
• Total profit: $80,054
• Equity at exit: $126,033

10-year hold

• IRR: 22.5%
• Equity multiple: 6.94×
• Total profit: $232,596
• Equity at exit: $271,795

Cash invested: $39,172 (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 64053

• Home prices YoY: 17.9%
• Active inventory: 46
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,181 high
• Mortgage (P&I): −$734
• Tax from tax record: −$80 /mo · $956/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $61

Break-even live

Break-even rent $1,103

Max offer price $139,900

Occupancy floor 90%

Sensitivity live

Price	-10% $140	-5% $101	+0% $61	+5% $22	+10% $-18
Rent	-10% $-32	-5% $15	+0% $61	+5% $108	+10% $155
Rate	-1.0pp $132	-0.5pp $97	base $61	+0.5pp $25	+1.0pp $-12

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
576 S Oxford Ave Independence, MO	3.0	2.0	1098	$1,400	$1.28	44d	1	0.55mi
600 S Glenwood Ave Unit F Independence, MO	2.0	1.0	750	$995	$1.33	20d	1	0.64mi
8705 E Smart Ave Independence, MO	2.0	1.0	750	$1,000	$1.33	44d	1	0.68mi
563 S Ash Ave Unit 3 Independence, MO	2.0	1.0	650	$950	$1.46	2d	1	0.94mi
9528 E Winner Rd Independence, MO	1.0–3.0	1.0	730	$1,099	$1.51	44d	1	1.03mi
10522 E 10th St S Independence, MO	2.0	1.0	1020	$1,099	$1.08	24d	1	1.33mi
10561 E Lake Dr Independence, MO	2.0	1.0	800	$1,000	$1.25	44d	1	1.36mi

Listing history 24 events

1. 2026-06-18
   days on market $139,900 Active 77 DOM
2. 2026-06-17
   days on market $139,900 Active 76 DOM
3. 2026-06-16
   days on market $139,900 Active 75 DOM
4. 2026-06-15
   days on market $139,900 Active 74 DOM
5. 2026-06-13
   days on market $139,900 Active 72 DOM
6. 2026-06-09
   days on market $139,900 Active 68 DOM
7. 2026-06-08
   days on market $139,900 Active 67 DOM
8. 2026-06-07
   days on market $139,900 Active 66 DOM
9. 2026-06-05
   days on market $139,900 Active 63 DOM
10. 2026-06-03
    days on market $139,900 Active 62 DOM
11. 2026-06-02
    days on market $139,900 Active 61 DOM
12. 2026-06-01
    days on market $139,900 Active 60 DOM
13. 2026-05-31
    days on market $139,900 Active 59 DOM
14. 2026-04-02
    listed $139,900 Active 411-char remark

    Show marketing remark (411 chars)

    This remodeled three-bedroom bungalow blends classic charm with modern sophistication. The open-concept living area features refinished hardwoods and designer lighting, flowing seamlessly into a chef’s kitchen with quartz countertops and stainless appliances. Two bright bedrooms and a sleek, updated bath provide a cozy retreat, while the private backyard offers the perfect space for outdoor relaxation.

15. 2024-09-27
    historical $1,150
16. 2024-08-22
    price $1,150
17. 2024-05-18
    listed $1,300
18. 2023-10-02
    soldstatus Closed
19. 2023-08-24
    status Pending
20. 2023-08-24
    status Active
21. 2023-07-04
    status Pending
22. 2023-07-04
    historical
23. 2023-07-03
    listed $75,000 Active
24. 1994-06-06
    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: $956 · $80/mo
• Projected year-2 tax: $1,357 · $113/mo
• Expected delta: +$401/yr (+$33/mo · 42.0%)

ⓘ 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 · 16 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: $14,170
• − Mortgage interest: −$7,837
• − Property taxes: −$956
• − Insurance: −$700
• − Repairs & maintenance: −$1,134
• − Management: −$1,134
• − Depreciation: −$4,070
• Taxable loss: −$1,659
• Est. tax savings @ 24.0%: +$398
• After-tax cash flow: $1,133/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: Independence 30
• NCES district ID: 2915480
• Math proficiency: 26% ▼ -8.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $41,843
• Composite: 27.04/100
• National rank: #7054
• State rank: #252 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

• Census place: Independence, MO
• County: Jackson County · 687,798 people
• City population: 117,675
• Metro: Kansas City, MO-KS
• Population (ZIP): 6,775
• Household income: $47,285
• Rent vs Own: 47.3% rent · 52.7% own
• Severe rent burden: 330.0

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 0.57)
• Race & ethnicity: White 59% Hispanic / Latino 28% Two or more races 14% Black 9% Native American 3%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Italian 12% Lithuanian 3% Slovak 1%
• Foreign-born: 12% · Canada, China
• Languages at home: 78% English-only · Spanish 21%

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: ▲ 52.69%
• Current HPI: 347.9512
• 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

+86.5% since first listed

11 events — show timeline

• 2026-04-02 Listed $139,900 Heartland MLS as Distributed by MLS Grid
• 2024-09-27 Rental Removed $1,150 BUILDIUM
• 2024-08-22 Price Changed $1,150 BUILDIUM
• 2024-05-18 Listed for Rent $1,300 BUILDIUM
• 2023-10-02 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2023-08-24 Pending — Heartland MLS as Distributed by MLS Grid
• 2023-08-24 Relisted — Heartland MLS as Distributed by MLS Grid
• 2023-07-04 Pending — Heartland MLS as Distributed by MLS Grid
• 2023-07-04 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2023-07-03 Listed $75,000 Heartland MLS as Distributed by MLS Grid
• 1994-06-06 Sold (Public Records) — Public Records

Property tax history

+4.7%/yr

Latest (2025): $956 · -12.4% YoY. Source: county tax records.