300 SW Palo Dr · Blue Springs, MO 64014

$219,900

3 bd · 1.0 ba · 1,410 sqft · SingleFamily public records · 15 Days on market

Built 1978 8,399 sqft lot Est $268k · 18% 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 +17.4/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• Schools +5.1/10.0
• 1% rule +4.2/10.0
• Livability +4.1/5.0
• Rent growth +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Incredible Value & Major Upgrades in a fabulous Blue Springs neighborhood. Priced to Sell! Solid Bones with Premium Exterior Upgrades. Rare opportunity to grab a 47-year one owner home at a significant market discount! While the interior is ready for your creative vision and a fresh start, the "big ticket" exterior items are already taken care of for you. Enjoy peace of mind with a brand-new roof and gutters, plus a massive custom deck built 3 years ago, which is perfect for entertaining. A covered brick patio so you can cook your favorite food and stay dry while enjoying your favorite beverage. Don't forget that there is a 24-foot-wide above-ground pool in the backyard. Thi

Key facts

• Brand new roof
• Massive custom deck
• Covered brick patio

Tags

• PREMIUM EXTERIOR UPGRADES
• BRAND NEW ROOF
• MASSIVE CUSTOM DECK
• COVERED BRICK PATIO
• 24 FOOT WIDE ABOVE GROUND POOL

Property features AI

Finance

• Other: Above-grade finished area reported as 1,080; below-grade finished area reported as 330; Home age approximately 41–50 years
• HOA & community: No association fees

Exterior

• Parking: Attached garage with basement entry and garage door opener (garage faces front); 2 garage spaces
• Utilities: Public water; Public sewer; Cable, fiber, and high-speed internet available
• Home design: Single-family residence; Split entry floor plan; Property faces north
• Construction: Board & batten siding with frame construction; Composition roof
• Exterior features: Deck; Patio; Covered patio; Metal fencing; Shed(s); City lot within city limits; Paved road with public maintenance; Above-ground pool

Interior

• Kitchen: Free-standing electric oven
• Bedrooms: 3 bedrooms (all on the main level; primary bedroom on main floor)
• Flooring: Ceramic; Laminate; Tile; Vinyl; Other
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Forced air heating; Electric cooling
• Interior features: Ceiling fans; Thermal windows; Storm door(s)
• Laundry & utility: Laundry in basement / lower level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $165 ($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 $203k (7.7% below list).
• Recommended offer: $203k (7.7% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 3.2% in Blue Springs — 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 (#11 in MO, #1,297 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F.
• Blue Springs R-IV (suburban): math 55% / reading 60% proficiency, ranked #17 of 324 in MO (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Daniel Young Elem. (math 52% / reading 57%, grade C, #190 of 1,115 statewide, top 19%, 358 students, 34% FRL); Blue Springs South High (math 43% / reading 72%, grade C, #49 of 521 statewide, top 9%, 2,261 students, 22% FRL).
• Market conditions: Rents rising fast (+5.1%/yr); 243 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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

• It's been on market 15 days — a 2% lower offer ($217k) is reasonable based on typical stale-listing flexibility.

Recommended offer $202,947 (7.7% below list)

Questions for the listing agent

1. Built in 1978 — 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.92% ✗
• Cap rate: 7.19%
• Cash-on-cash: 3.21%
• DSCR: 1.14
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $267,900
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
300 SW Palo Dr	0.00mi	3/1.5	1,410 (0%)	1mo	$219,900	$156	97
400 SW Killarney Ln	0.13mi	3/2.0	1,426 (+1%)	3mo	$279,000	$196	85
313 SW Blarney Ct	0.04mi	4/2.0 (+1)	1,378 (-2%)	1mo	$280,000	$203	85
2608 SW Shamrock Dr	0.18mi	3/2.0	1,416 (+0%)	5mo	$250,000	$177	83
508 SW Killarney Ln	0.20mi	3/2.0	1,445 (+2%)	0mo	$275,000	$190	82
2204 Keystone Pl	0.49mi	3/2.0	1,368 (-3%)	2mo	$276,900	$202	67
600 SE Saratoga Dr	0.63mi	3/2.0	1,362 (-3%)	1mo	$299,900	$220	60
604 SE Saratoga Dr	0.64mi	3/2.0	1,383 (-2%)	5mo	$299,000	$216	59
212 SE Mount Vernon Dr	0.34mi	3/2.0	1,584 (+12%)	3mo	$279,900	$177	57
1917 SE Abbey St	0.65mi	3/2.0	1,543 (+9%)	2mo	$270,000	$175	48
1909 SE Abbey St	0.68mi	4/2.0 (+1)	1,516 (+8%)	2mo	$279,000	$184	45
1812 SE 2nd St	0.71mi	3/2.0	1,600 (+14%)	1mo	$279,900	$175	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 · 5.12% rent growth · sell at horizon

5-year hold

• IRR: -9.0%
• Equity multiple: 0.66×
• Total profit: $-20,743
• Equity at exit: $32,788

10-year hold

• IRR: 3.0%
• Equity multiple: 1.23×
• Total profit: $14,309
• Equity at exit: $19,013

Cash invested: $61,572 (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 64014

• Rents YoY: 5.1%
• Active inventory: 243
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,029 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$194 /mo · $2,325/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$426
• Net cashflow: $165

Break-even live

Break-even rent $1,821

Max offer price $219,900

Occupancy floor 87%

Sensitivity live

Price	-10% $289	-5% $227	+0% $165	+5% $102	+10% $40
Rent	-10% $4	-5% $85	+0% $165	+5% $245	+10% $325
Rate	-1.0pp $275	-0.5pp $221	base $165	+0.5pp $108	+1.0pp $50

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
504 SW Shamrock Pl Blue Springs, MO	3.0	2.0	1450	$2,095	$1.44	45d	1	0.15mi
500 SE Sherri Ln Blue Springs, MO	4.0	2.0	1134	$2,095	$1.85	3d	1	0.36mi
2101 SW 8th St Unit d Blue Springs, MO	2.0	1.0	1051	$1,095	$1.04	8d	1	0.60mi
7901 South Highway 7 Blue Springs, MO	3.0	2.0	1172	$1,997	$1.70	3d	11	0.60mi
113 SE Rockwood St Blue Springs, MO	3.0	3.0	1500	$2,160	$1.44	25d	1	0.75mi
3901 SW 10th St Blue Springs, MO	3.0	3.0	1474	$2,060	$1.40	17d	1	0.79mi
1120 SW Brook Ct Blue Springs, MO	3.0	2.0	1521	$2,028	$1.33	13d	1	0.95mi
900 SE Tequesta Ln Blue Springs, MO	3.0	2.5–3.5	1647	$2,128	$1.29	3d	11	1.33mi
200 SW Laurel Dr Blue Springs, MO	3.0	2.0	1250	$1,995	$1.60	3d	1	1.42mi
8107 SW 3rd St Blue Springs, MO	3.0	2.0	1253	$1,640	$1.31	22d	1	1.48mi

Listing history 3 events

1. 2026-05-15
   status Pending
2. 2026-05-01
   historical Active Under Contract
3. 2026-04-29
   listed $219,900 Active

ⓘ 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: $2,325 · $194/mo
• Projected year-2 tax: $2,325 · $194/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,354
• − Mortgage interest: −$12,318
• − Property taxes: −$2,325
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,948
• − Management: −$1,948
• − Depreciation: −$6,397
• Taxable loss: −$1,683
• Est. tax savings @ 24.0%: +$404
• After-tax cash flow: $2,380/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: Blue Springs R-IV
• NCES district ID: 2905310
• Math proficiency: 55% ▼ -10.00%
• Reading proficiency: 60% ▼ -6.00%
• Median HH income: $67,959
• Composite: 50.71/100
• National rank: #1819
• State rank: #17 of 324 in MO

Livability — Blue Springs

• Score: 82/100
• State rank: #11
• US rank: #1297

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Blue Springs, MO
• County: Jackson County · 687,798 people
• City population: 61,033
• Metro: Kansas City, MO-KS
• Population (ZIP): 28,788
• Household income: $90,337
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 888.0

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: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 10% Two or more races 8% Black 8% Asian 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 10% Romanian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 5%

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: ▼ -187.52%
• Current HPI: 236.8685
• Rent YoY: ▲ 5.12%
• 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

3 events — show timeline

• 2026-05-15 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-05-01 Contingent — Heartland MLS as Distributed by MLS Grid
• 2026-04-29 Listed $219,900 Heartland MLS as Distributed by MLS Grid

Property tax history

+2.9%/yr

Latest (2025): $2,325 · -21.0% YoY. Source: county tax records.