3113 S Scott Ave · Independence, MO 64052

$205,000

4 bd · 2.0 ba · 2,112 sqft · SingleFamily public records · 3 Days on market

Built 1958 0.36 ac lot Est $247k · 17% 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).

• ARV discount +15.0/15.0
• Cash flow +14.9/30.0
• DSCR +4.6/10.0
• Livability +4.1/5.0
• Rent growth +3.9/5.0
• 1% rule +3.5/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This four bedroom, two bath home offers comfortable main-level living with bedrooms and gathering space on the first floor, and a spacious walk-out finished basement perfect for family time and recreation, is just waiting for your updates and personal touches. An oversized detached garage with large driveway and additional parking pad provides ample space for vehicles, storage or a workshop area. Whether you’re looking to invest, renovate or settle into a home with great bones, this property offers a rare opportunity to create a home that’s truly your own. Home is being sold In It’s Present Condition.

Key facts

• 0.36 acre lot
• 2 garage spots
• Built 1958

Property features AI

Exterior

• Parking: Detached 2-car garage; Garage on property
• Utilities: Public water
• Home design: Single-family residence; Ranch style; Residential property
• Construction: Brick/mortar construction; Composition roof
• Exterior features: Metal fencing

Interior

• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating; Electric cooling
• Interior features: Finished walk-out basement; Formal dining area; Ranch floor plan
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $62 ($741/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 $174k (15.4% below list).
• Recommended offer: $174k (15.4% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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: 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.
• Zoned schools: Three Trails Elem. (math 37% / reading 32%, grade F, #676 of 1,115 statewide, top 66%, 317 students, 75% FRL); Clifford H. Nowlin Middle (math 13% / reading 29%, grade F, #342 of 391 statewide, top 88%, 875 students, 80% FRL); Van Horn High (math 13% / reading 27%, grade F, #472 of 521 statewide, top 91%, 1,047 students, 72% FRL) — zoned schools average 76% FRL vs 58% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.4%/yr); 135 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).
• This rent runs 35% of the median local income ($59k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $173,510 (15.4% below list)

Questions for the listing agent

1. Built in 1958 — 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: 0.85% ✗
• Cap rate: 6.65%
• Cash-on-cash: 1.29%
• DSCR: 1.06
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $247,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3301 S Vermont Ave	0.19mi	3/1.5 (-1)	1,982 (-6%)	3mo	$239,900	$121	72
1419 W Scott Pl	0.46mi	4/2.0	2,184 (+3%)	4mo	$219,000	$100	69
3201 S Norton Ave	0.12mi	3/3.0 (-1)	2,225 (+5%)	11mo	$295,000	$133	67
3210 S Crysler Ave	0.44mi	3/3.0 (-1)	2,099 (-1%)	5mo	$349,000	$166	65
2929 S Northern Blvd	0.59mi	3/2.0 (-1)	2,100 (-1%)	3mo	$245,000	$117	64
1223 W 32nd St	0.51mi	4/3.0	2,212 (+5%)	4mo	$245,000	$111	61
1302 W 30th St	0.46mi	3/2.0 (-1)	2,144 (+2%)	12mo	$234,900	$110	61
1420 W Scott Pl	0.44mi	3/2.0 (-1)	2,320 (+10%)	12mo	$230,000	$99	48
10621 E 32nd St	0.61mi	3/3.0 (-1)	2,256 (+7%)	10mo	$255,000	$113	43
1230 W 31st St	0.54mi	3/1.5 (-1)	1,843 (-13%)	5mo	$200,000	$109	43
3601 Shady Bend Dr	0.67mi	3/3.0 (-1)	2,382 (+13%)	3mo	$295,000	$124	36
11115 E 35th Ter S	0.59mi	3/2.5 (-1)	1,824 (-14%)	12mo	$249,963	$137	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 · 5.43% rent growth · sell at horizon

5-year hold

• IRR: -11.8%
• Equity multiple: 0.56×
• Total profit: $-24,983
• Equity at exit: $30,566

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,885
• Equity at exit: $17,725

Cash invested: $57,400 (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 64052

• Home prices YoY: -34.6%
• Rents YoY: 5.4%
• Active inventory: 135
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,735 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$149 /mo · $1,783/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $62

Break-even live

Break-even rent $1,657

Max offer price $205,000

Occupancy floor 91%

Sensitivity live

Price	-10% $178	-5% $120	+0% $62	+5% $4	+10% $-54
Rent	-10% $-75	-5% $-7	+0% $62	+5% $130	+10% $199
Rate	-1.0pp $165	-0.5pp $114	base $62	+0.5pp $9	+1.0pp $-45

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2356 S Crysler Ave Independence, MO	3.0	2.0	1881	$1,653	$0.88	25d	1	1.04mi
2815 Collin St Independence, MO	4.0	2.0	1860	$1,800	$0.97	45d	1	1.32mi
2110 S Sterling Ave Independence, MO	3.0	2.0	1722	$1,849	$1.07	18d	1	1.32mi
10817 E 19th Ter S Independence, MO	3.0	1.0	1428	$1,801	$1.26	18d	1	1.48mi

Listing history 9 events

1. 2026-06-08
   status $205,000 Pending 3 DOM
2. 2026-06-07
   statusdays on market $205,000 Active 3 DOM
3. 2026-06-05
   days on market $205,000 Coming Soon 16 DOM
4. 2026-06-03
   days on market $205,000 Coming Soon 15 DOM
5. 2026-06-02
   days on market $205,000 Coming Soon 14 DOM
6. 2026-06-01
   days on market $205,000 Coming Soon 13 DOM
7. 2026-05-31
   days on market $205,000 Coming Soon 12 DOM
8. 2026-05-19
   historical $205,000
9. 1982-11-01
   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: $1,783 · $149/mo
• Projected year-2 tax: $1,988 · $166/mo
• Expected delta: +$206/yr (+$17/mo · 11.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 73% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,821
• − Mortgage interest: −$11,483
• − Property taxes: −$1,783
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,666
• − Management: −$1,666
• − Depreciation: −$5,964
• Taxable loss: −$2,765
• Est. tax savings @ 24.0%: +$664
• After-tax cash flow: $1,404/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): 22,138
• Household income: $59,007
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 965.0

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 0.56)
• Race & ethnicity: White 62% Hispanic / Latino 23% Two or more races 15% Black 7% Asian 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Italian 12% Slovak 2% Lithuanian 2%
• Foreign-born: 11% · Canada, China
• Languages at home: 85% English-only · Spanish 13% Other Asian/Pacific 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: ▼ -160.06%
• Current HPI: 302.1124
• Rent YoY: ▲ 5.43%
• 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

2 events — show timeline

• 2026-05-19 Coming Soon $205,000 Heartland MLS as Distributed by MLS Grid
• 1982-11-01 Sold (Public Records) — Public Records

Property tax history

+2.4%/yr

Latest (2025): $1,783 · -29.1% YoY. Source: county tax records.