4714 Norton Ave · Kansas City, MO 64130

$134,900

3 bd · 1.0 ba · 925 sqft · SingleFamily public records · 61 Days on market

Built 1957 7,327 sqft lot $146/sqft · 81% above area Est $149k · 10% 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 +22.8/30.0
• ARV discount +11.8/15.0
• DSCR +7.3/10.0
• 1% rule +4.8/10.0
• Livability +3.9/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Ranch with Finished Basement in Vineyard Gardens! Welcome home to this well-maintained 2-bedroom, 2-bath ranch offering over 1,800 sq. ft. of total living space! Located in the desirable Vineyard Gardens neighborhood, this home combines comfort, functionality, and affordability—all at an incredible price point. Step inside to a bright and inviting eat-in kitchen, complemented by newer carpet and fresh paint throughout, giving the home a clean, updated feel. The main level offers easy, one-level living with spacious bedrooms and a full bath. The finished lower level adds exceptional versatility, featuring a second full bathroom, a large rec room, dedicated office space, and a non-conforming bedroom—perfect for guests, hobbies, or a private work-from-home setup. Enjoy the shaded backyard, offering a peaceful outdoor retreat ideal for relaxing or entertaining without the harsh afternoon sun. A one-car garage adds convenience and extra storage. Priced to sell at just $139,900—this is an incredible opportunity you don’t want to miss! Schedule your showing today before it’s gone.

Key facts

• 7,327 sq ft lot
• Garage
• Built 1957

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $234 ($3k/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 $133k (1.6% below list).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 3.9% in Kansas City — 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 78/100 on livability (#28 in MO, #2,671 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, crime F.
• Kansas City 33 (urban): math 12% / reading 24% proficiency, ranked #308 of 324 in MO (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.4%/yr); 185 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).
• This rent runs 38% of the median local income ($42k/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 $933 of loan paydown is wiped out by about $4k 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 61 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 17y 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 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,806 (6.0% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — 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: 0.98% ✗
• Cap rate: 8.37%
• Cash-on-cash: 7.43%
• DSCR: 1.33
• GRM: 8.5

CMA / ARV

• ARV (median comp): $149,287
• List price: $134,900
• Delta: -9.64%
• 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
4410 Myrtle Ave	0.35mi	3/1.0	912 (-1%)	4mo	$80,000	$88	78
4327 Mersington Ave	0.44mi	2/1.0 (-1)	940 (+2%)	4mo	$50,000	$53	68
4132 Spruce Ave	0.67mi	3/1.0	912 (-1%)	2mo	$99,995	$110	65
4504 E 43rd St	0.57mi	2/1.0 (-1)	907 (-2%)	2mo	$140,000	$154	64
4405 Elmwood Ave	0.47mi	2/1.0 (-1)	966 (+4%)	8mo	$140,000	$145	59
4521 Lawn Ave	0.42mi	3/1.0	816 (-12%)	4mo	$88,000	$108	58
5140 Norton Ave	0.60mi	2/1.0 (-1)	884 (-4%)	4mo	$75,000	$85	56
4338 Indiana Ave	0.61mi	2/1.0 (-1)	1,012 (+9%)	0mo	$150,000	$148	50
4519 Lister Ave	0.47mi	2/1.0 (-1)	816 (-12%)	6mo	$93,000	$114	48
4214 Monroe Ave	0.66mi	2/1.0 (-1)	858 (-7%)	7mo	$50,000	$58	46
4127 Jackson Ave	0.70mi	3/1.0	1,008 (+9%)	10mo	$95,000	$94	45
5255 Spruce Ave	0.68mi	3/1.5	1,056 (+14%)	10mo	$145,000	$137	35

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 · 4.42% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.87×
• Total profit: $-5,089
• Equity at exit: $20,114

10-year hold

• IRR: 7.5%
• Equity multiple: 1.60×
• Total profit: $22,666
• Equity at exit: $11,664

Cash invested: $37,772 (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 64130

• Home prices YoY: -21.5%
• Rents YoY: 4.4%
• Active inventory: 185
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,327 high
• Mortgage (P&I): −$707
• Tax from tax record: −$51 /mo · $611/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $234

Break-even live

Break-even rent $1,031

Max offer price $134,900

Occupancy floor 77%

Sensitivity live

Price	-10% $310	-5% $272	+0% $234	+5% $196	+10% $158
Rent	-10% $129	-5% $182	+0% $234	+5% $286	+10% $339
Rate	-1.0pp $302	-0.5pp $268	base $234	+0.5pp $199	+1.0pp $163

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3949 Doctor Martin Luther King Junior Blvd Kansas City, MO	1.0–2.0	1.0–2.0	945	$1,565	$1.66	3d	3	0.39mi
4216 Cleveland Ave Kansas City, MO	2.0	1.0	780	$1,125	$1.44	17d	1	0.65mi
4309 College Ave Kansas City, MO	3.0	2.0	1040	$1,550	$1.49	17d	1	0.70mi
4427 Agnes Ave Kansas City, MO	3.0	1.0	1100	$1,350	$1.23	17d	1	0.75mi
3315 E 52nd St Kansas City, MO	2.0	1.0	662	$1,125	$1.70	24d	1	0.76mi
4911 S Benton Ave Kansas City, MO	2.0	1.0	1000	$1,100	$1.10	18d	1	0.78mi
4917 S Benton Ave Kansas City, MO	2.0	1.0	1000	$1,100	$1.10	24d	1	0.78mi
4534 S Benton Ave Kansas City, MO	2.0	1.0	912	$1,045	$1.15	17d	1	0.80mi
3017 E 51st St Kansas City, MO	2.0	1.0	621	$1,303	$2.10	8d	1	0.81mi
4028 Myrtle Ave Kansas City, MO	3.0	1.0	1100	$1,490	$1.35	44d	1	0.83mi
5013 S Benton Ave Kansas City, MO	3.0	1.0	978	$1,225	$1.25	24d	1	0.83mi
4144 College Ave Kansas City, MO	3.0	1.0	1108	$1,095	$0.99	24d	1	0.85mi
4206 Vineyard Rd Kansas City, MO	4.0	1.5	1056	$1,500	$1.42	15d	1	0.92mi
4005 Bales Ave Kansas City, MO	2.0	1.0	792	$1,050	$1.33	44d	1	0.96mi
4930 Park Ave Kansas City, MO	3.0	1.0	900	$1,300	$1.44	17d	1	1.18mi
3736 Cypress Ave Kansas City, MO	3.0	1.0	1100	$1,200	$1.09	8d	1	1.20mi
4902 E 39th St Kansas City, MO	2.0	1.0	820	$1,300	$1.59	17d	1	1.21mi
5614 Indiana Ave Kansas City, MO	3.0	1.0	900	$1,175	$1.31	44d	1	1.22mi
5601 E 39th Ter Kansas City, MO	3.0	1.0	816	$1,225	$1.50	4d	1	1.26mi
3600 E 57th St Kansas City, MO	3.0	1.0	1037	$1,250	$1.21	44d	1	1.27mi
5114 Brooklyn Ave Kansas City, MO	3.0	1.5	1116	$1,300	$1.16	8d	1	1.31mi
5636 E 40th St Kansas City, MO	3.0	1.0	816	$1,225	$1.50	4d	1	1.32mi
5709 Bales Ave Kansas City, MO	2.0	1.0	782	$1,095	$1.40	24d	1	1.32mi
3911 Oakley Ave Kansas City, MO	2.0	1.0	816	$1,195	$1.46	13d	1	1.32mi
5700 E 40th St Kansas City, MO	3.0	1.0	816	$1,245	$1.53	22d	1	1.33mi
5707 E 40th St Kansas City, MO	3.0	1.0	816	$1,295	$1.59	13d	1	1.34mi
2305 E 41st St Kansas City, MO	2.0	1.0	750	$1,000	$1.33	8d	1	1.34mi
3617 E 58th St Unit 2 Kansas City, MO	2.0	1.0	936	$875	$0.93	44d	1	1.36mi
3615 E 58th St Unit 1 Kansas City, MO	2.0	1.0	936	$875	$0.93	44d	1	1.37mi
5752 College Ave Kansas City, MO	4.0	1.0	1120	$1,600	$1.43	18d	1	1.45mi
3841 Olive St Kansas City, MO	2.0	1.0	792	$985	$1.24	15d	1	1.48mi

Listing history 27 events

1. 2026-06-21
   days on market $134,900 Active 61 DOM
2. 2026-06-18
   days on market $134,900 Active 58 DOM
3. 2026-06-17
   days on market $134,900 Active 57 DOM
4. 2026-06-16
   days on market $134,900 Active 56 DOM
5. 2026-06-15
   days on market $134,900 Active 55 DOM
6. 2026-06-13
   days on market $134,900 Active 53 DOM
7. 2026-06-09
   days on market $134,900 Active 49 DOM
8. 2026-06-08
   days on market $134,900 Active 48 DOM
9. 2026-06-07
   days on market $134,900 Active 47 DOM
10. 2026-06-05
    days on market $134,900 Active 44 DOM
11. 2026-06-03
    days on market $134,900 Active 43 DOM
12. 2026-06-02
    days on market $134,900 Active 42 DOM
13. 2026-06-01
    days on market $134,900 Active 41 DOM
14. 2026-05-31
    days on market $134,900 Active 40 DOM
15. 2026-04-22
    listed $139,900 Active 1132-char remark

    Show marketing remark (1132 chars)

    Charming Ranch with Finished Basement in Vineyard Gardens! Welcome home to this well-maintained 2-bedroom, 2-bath ranch offering over 1,800 sq. ft. of total living space! Located in the desirable Vineyard Gardens neighborhood, this home combines comfort, functionality, and affordability—all at an incredible price point. Step inside to a bright and inviting eat-in kitchen, complemented by newer carpet and fresh paint throughout, giving the home a clean, updated feel. The main level offers easy, one-level living with spacious bedrooms and a full bath. The finished lower level adds exceptional versatility, featuring a second full bathroom, a large rec room, dedicated office space, and a non-conforming bedroom—perfect for guests, hobbies, or a private work-from-home setup. Enjoy the shaded backyard, offering a peaceful outdoor retreat ideal for relaxing or entertaining without the harsh afternoon sun. A one-car garage adds convenience and extra storage. Priced to sell at just $139,900—this is an incredible opportunity you don’t want to miss! Schedule your showing today before it’s gone.

16. 2026-04-21
    historical $139,900 1132-char remark

    Show marketing remark (1132 chars)

    Charming Ranch with Finished Basement in Vineyard Gardens! Welcome home to this well-maintained 2-bedroom, 2-bath ranch offering over 1,800 sq. ft. of total living space! Located in the desirable Vineyard Gardens neighborhood, this home combines comfort, functionality, and affordability—all at an incredible price point. Step inside to a bright and inviting eat-in kitchen, complemented by newer carpet and fresh paint throughout, giving the home a clean, updated feel. The main level offers easy, one-level living with spacious bedrooms and a full bath. The finished lower level adds exceptional versatility, featuring a second full bathroom, a large rec room, dedicated office space, and a non-conforming bedroom—perfect for guests, hobbies, or a private work-from-home setup. Enjoy the shaded backyard, offering a peaceful outdoor retreat ideal for relaxing or entertaining without the harsh afternoon sun. A one-car garage adds convenience and extra storage. Priced to sell at just $139,900—this is an incredible opportunity you don’t want to miss! Schedule your showing today before it’s gone.

17. 2025-11-03
    historical
18. 2025-05-13
    listed $139,900 Active
19. 2010-11-30
    historical
20. 2010-07-18
    listed $39,500
21. 2010-07-13
    historical
22. 2010-02-04
    listed $48,000
23. 2009-11-18
    soldstatus
24. 2009-08-25
    listed $14,900
25. 2009-08-25
    historical
26. 2009-04-27
    listed $41,000
27. 1993-10-26
    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: $611 · $51/mo
• Projected year-2 tax: $1,309 · $109/mo
• Expected delta: +$697/yr (+$58/mo · 114.1%)

ⓘ 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 · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,927
• − Mortgage interest: −$7,556
• − Property taxes: −$611
• − Insurance: −$674
• − Repairs & maintenance: −$1,274
• − Management: −$1,274
• − Depreciation: −$3,924
• Taxable income: $612
• Est. tax owed @ 24.0%: −$147
• After-tax cash flow: $2,660/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: Kansas City 33
• NCES district ID: 2916400
• Math proficiency: 12% ▼ -8.00%
• Reading proficiency: 24% ▬ 0.00%
• Median HH income: $35,227
• Composite: 14.8/100
• National rank: #9387
• State rank: #308 of 324 in MO

Livability — Kansas City

• Score: 78/100
• State rank: #28
• US rank: #2671

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kansas City, MO
• County: Jackson County · 687,798 people
• City population: 439,467
• Metro: Kansas City, MO-KS
• Population (ZIP): 19,644
• Household income: $42,221
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 1132.0

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 Black (80%)
• Race & ethnicity: Black 80% White 9% Hispanic / Latino 8% Two or more races 6%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 1% Swedish 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -73.32%
• Current HPI: 267.491
• Rent YoY: ▲ 4.42%
• 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

+241.2% since first listed

13 events — show timeline

• 2026-04-22 Listed $139,900 Heartland MLS as Distributed by MLS Grid
• 2026-04-21 Coming Soon $139,900 Heartland MLS as Distributed by MLS Grid
• 2025-11-03 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2025-05-13 Listed $139,900 Heartland MLS as Distributed by MLS Grid
• 2010-11-30 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2010-07-18 Listed $39,500 Heartland MLS as Distributed by MLS Grid
• 2010-07-13 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2010-02-04 Listed $48,000 Heartland MLS as Distributed by MLS Grid
• 2009-11-18 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2009-08-25 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2009-08-25 Listed $14,900 Heartland MLS as Distributed by MLS Grid
• 2009-04-27 Listed $41,000 Heartland MLS as Distributed by MLS Grid
• 1993-10-26 Sold (Public Records) — Public Records

Property tax history

+2.0%/yr

Latest (2025): $611 · -11.6% YoY. Source: county tax records.